Alteration Earth PLC (GB:ALTE) has released an update.
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Alteration Earth PLC has announced non-binding terms to acquire PRI0R1TY AI PLC, a company specializing in AI-driven SaaS solutions, in exchange for new company shares. The transaction, subject to due diligence and other conditions, would see PRI0R1TY shareholders owning 80% of the enlarged group. The deal also contemplates a potential move from the London Stock Exchange’s Main Market to the AIM market, pending necessary approvals and the appointment of a nominated adviser.
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