Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Eureka Acquisition Corp Class A ( (EURK) ).
On November 3, 2025, Eureka Acquisition Corp announced a business combination agreement with Marine Thinking Inc., which will result in Marine Thinking becoming a publicly traded company on NASDAQ under the name Marine Thinking Holdings Inc. The transaction, valued at approximately $130 million, aims to accelerate innovation in ocean technology and enhance Marine Thinking’s market position in the autonomous marine solutions industry. The agreement has been unanimously approved by the boards of both companies and is subject to customary closing conditions, including regulatory and shareholder approvals.
More about Eureka Acquisition Corp Class A
Marine Thinking Inc. is a Canadian company specializing in autonomous ship and fleet solutions, leveraging physical AI technology to transform the marine industry. Their focus is on providing low-cost, easy-to-assemble unmanned sailing technology, which facilitates the transition of traditional shipbuilders into autonomous ship manufacturers. Marine Thinking has been involved in several significant R&D projects with Canadian federal government agencies and has expanded its autonomous solutions to various marine industry fields across more than a dozen countries.
Average Trading Volume: 3,404
Technical Sentiment Signal: Strong Buy
Current Market Cap: $52.24M
See more insights into EURK stock on TipRanks’ Stock Analysis page.