WuShuo has learned that Solmate (Nasdaq: SLMT) has announced the signing of a non-binding term sheet to acquire RockawayX through an all-stock transaction. Upon completion, the company will transform from a single digital asset custodian to a comprehensive crypto enterprise integrating infrastructure, liquidity, and asset management. According to the plan, Solmate will acquire all equity of RockawayX, and the merged entity will continue to trade under SLMT on Nasdaq. The transaction is expected to be completed in the first half of 2026, subject to the signing of a definitive agreement and regulatory and shareholder approvals.
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WuShuo has learned that Solmate (Nasdaq: SLMT) has announced the signing of a non-binding term sheet to acquire RockawayX through an all-stock transaction. Upon completion, the company will transform from a single digital asset custodian to a comprehensive crypto enterprise integrating infrastructure, liquidity, and asset management. According to the plan, Solmate will acquire all equity of RockawayX, and the merged entity will continue to trade under SLMT on Nasdaq. The transaction is expected to be completed in the first half of 2026, subject to the signing of a definitive agreement and regulatory and shareholder approvals.