financetom
Business
financetom
/
Business
/
Quetta Acquisition, Smart Kreate Group Sign Business Combination Agreement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Quetta Acquisition, Smart Kreate Group Sign Business Combination Agreement
Mar 12, 2026 7:09 AM

09:53 AM EDT, 03/12/2026 (MT Newswires) -- Quetta Acquisition ( QETA ) , a special purpose acquisition company, and Smart Kreate Group, a cloud logistics technology conglomerate, said Thursday they have signed a definitive business combination deal that values Smart Kreate at $200 million.

The transaction is expected to close in Q3 and the merged entity will operate as Smart Kreate Group, which will be listed on Nasdaq under a new trading symbol, the companies said.

Price: 11.50, Change: -0.04, Percent Change: -0.39

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Anduril in talks for new funding round with possible $28 billion valuation, sources say
Anduril in talks for new funding round with possible $28 billion valuation, sources say
Feb 7, 2025
(Reuters) - Anduril Industries is in talks for a new funding round that could raise the valuation of the Palmer Luckey-founded defense technology startup to $28 billion, sources said on Friday. Tech billionaire Peter Thiel's Founders Fund is set to lead the round, which could be as much as $2.5 billion, according to the sources. Founders Fund declined to comment....
Casino mogul Wynn asks US Supreme Court to revisit Times v. Sullivan defamation rule
Casino mogul Wynn asks US Supreme Court to revisit Times v. Sullivan defamation rule
Feb 7, 2025
WASHINGTON (Reuters) - Casino mogul Steve Wynn has asked the U.S. Supreme Court to hear an appeal that, if granted, could give the justices a chance to revisit libel protections for journalists enshrined in a landmark 1964 ruling that has been questioned by two conservative justices and President Donald Trump. The court established a stringent limit on defamation claims by...
Casino mogul Wynn asks US Supreme Court to revisit Times v. Sullivan defamation rule
Casino mogul Wynn asks US Supreme Court to revisit Times v. Sullivan defamation rule
Feb 7, 2025
* Court asked to revisit stringent defamation standard * Trump, two conservative justices have questioned precedent By John Kruzel WASHINGTON, Feb 7 (Reuters) - Casino mogul Steve Wynn has asked the U.S. Supreme Court to hear an appeal that, if granted, could give the justices a chance to revisit libel protections for journalists enshrined in a landmark 1964 ruling that...
Trump touts close Japan ties but pushes for 'even' trade balance
Trump touts close Japan ties but pushes for 'even' trade balance
Feb 7, 2025
* Trump meets Asian ally's new leader for first time * Trump suggests deal in offing over U.S. Steel * Ishiba touts plan to raise investment in US to $1 trillion * Japan to increase LNG purchases * Countries reiterate shared concerns about China (New throughout with fresh comments from press conference) By Trevor Hunnicutt, David Brunnstrom and Chizu Nomiyama...
Copyright 2023-2026 - www.financetom.com All Rights Reserved