LDB Capital Corp. to Acquire Eventer Technologies in Share Exchange Deal
LDB Capital Corp. has entered into a letter of intent with Eventer Technologies Ltd. and XYLO Technologies Ltd., the majority shareholder of Eventer, for a proposed share exchange transaction. The parties anticipate finalizing a definitive agreement by January 9, 2026, with the transaction expected to close no later than March 27, 2026. The completion of the deal remains subject to various conditions, including regulatory and court approvals, delivery of audited financial statements by Eventer, and meeting minimum working capital and net cash requirements at closing. As part of the arrangement, LDB will provide a secured bridge loan of up to C$250,000 to Eventer for working capital needs prior to closing, subject to exchange approval and mutually agreed documentation. No additional financing arrangements are anticipated in connection with this transaction.
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