M&A
confidence high
sentiment neutral
materiality 0.80
Relativity Acquisition Corp. enters $200M deal to acquire Instinct Brothers Co., Ltd
Relativity Acquisition Corp
- Business Combination Agreement signed on Feb 28, 2025; $200M consideration in Pubco common stock at $10.00/share.
- Merger sub to merge with Relativity; surviving entity becomes wholly-owned subsidiary of Pubco.
- Closing requires Relativity shareholder approval, regulatory consents, Nasdaq listing, and audited financials by April 7, 2025.
- Outside date for close is Aug 15, 2025, extendable if audited financials delayed beyond April 30, 2025.
- Sponsor and certain shareholders entered support agreements to approve and not transfer securities before closing.