M&A
confidence medium
sentiment neutral
materiality 0.60
Stemtech terminates Eevia Health RTO LOI; continues merger talks with Viago
Stemtech Corp
- Terminated non-binding LOI for reverse takeover of Eevia Health Plc due to unmet deadlines.
- Remains committed to merger with Seacret Direct (Viago); now negotiating listing on Swedish MTF Nordic SME (NGM).
- No definitive agreement executed; deal subject to regulatory approvals including Swedish Securities Council exemption.
- Forward-looking statements caution that no assurance of completion is given.