GoLogiq will complete the merger with blockchain fintech company GammaRey for $320 million

2023-01-03 22:47:10

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ChainCatcher news, blockchain fintech company GammaRey announced that it has signed a $320 million merger agreement with GoLogiq, in which GoLogiq will issue $320 million worth of common stock in exchange for 100% of the outstanding shares of GammaRey. The transaction is expected to be completed in the coming weeks.

It is reported that GammaRey is a global fintech company dedicated to building financial ecosystems and platforms through blockchain technology, including digital wallets, borderless payments, and more. GoLogiq is a US-based fintech and mobile solutions provider focused on digital transformation and consumer data analytics, currently concentrating on Southeast Asia. After the completion of this merger transaction, GoLogiq will continue to use the "GOLQ" over-the-counter code and plans to apply for listing on NASDAQ or the New York Stock Exchange. (Source link)

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