Alpha Star Acquisition signs non-binding LOI for business combination with Cyclebit Group

Alpha Star Acquisition Corp

Entered non-binding LOI with Cyclebit Group, a global payments and SaaS provider founded in 2012.
Cyclebit's core products include card acquiring, POS services, and marketplace solutions.
Existing equityholders of Cyclebit to roll 100% of their equity into combined public company.
Definitive agreement expected in Q4 2022; no assurances transaction will be completed.

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