Autozi signs LOI for reverse takeover deal valuing combined company at $320 million

Reuters2026/08/07 12:15

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Autozi signed a letter of intent to pursue a reverse takeover with a privately held operating company valued at about $300 million.
The combined Nasdaq-listed business is expected to have an estimated valuation of about $320 million.
The counterparty’s identity remains confidential pending due diligence and negotiation of definitive documents.
Closing is targeted before year-end, subject to due diligence, financing, and required board, shareholder, and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Autozi Internet Technology (Global) Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608070815PRIMZONEFULLFEED9805944) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Autozi signs LOI for reverse takeover deal valuing combined company at $320 million

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