M&A
confidence high
sentiment neutral
materiality 0.80
Mill City Ventures enters LOI to acquire Mustang Funding for 80% of post-transaction shares
SUI Group Holdings Ltd.
- Mustang is a Minneapolis-based litigation finance company with offices in PA and FL.
- Owners of Mustang would receive Mill City common stock constituting 80% of outstanding shares post-closing.
- LOI is non-binding; conditions include due diligence, financing, shareholder and Nasdaq approval.
- Any definitive agreement may contain terms different from the LOI.