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Smart Kreate and Quetta Sign Merger Agreement Valued at $200M
Smart Kreate Group and Quetta Acquisition Corp. announced the signing of a definitive business combination agreement on March 6, 2026. Upon closing, the combined entity will operate as Smart Kreate Group and is expected to be Nasdaq-listed under a new ticker symbol. The transaction values the Company at an enterprise value of $200M. The companies said, "As an AI-enabled integrated logistics platform, SKG is positioned to bridge the massive intelligence gap in global supply chains, transforming fragmented data into a unified, predictive, and autonomous logistics ecosystem. The global logistics industry is currently undergoing a structural shift from manual execution to AI-led orchestration. SKG's proprietary Operating System (OS) functions as the "brain" of the supply chain, integrating disparate data points across international borders to provide real-time visibility and, more importantly, predictive decision support. The Company's global expansion will be accelerated by one of its strategic shareholders, who is a 3PL logistics market leader in Asia operating a global network and manages a massive infrastructure across various countries." The transaction is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals.
Quetta Acquisition Corp Trading Halted, News Pending
Quetta Acquisition Corp trading halted, news pending
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