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Synagistics Limited to Acquire Leader in AI and Blockchain Innovation

Story Highlights
  • Synagistics Limited plans to acquire a leader in AI, blockchain, DeFi, and stablecoin innovation.
  • The acquisition will enhance Synagistics’ market position and integrate a reputable global investor base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Synagistics Limited to Acquire Leader in AI and Blockchain Innovation

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HK Acquisition Corp. ( (HK:2562) ) has provided an announcement.

Synagistics Limited has announced its intention to acquire a leading company in AI, blockchain, DeFi, and stablecoin innovation, with the acquisition to be settled through the issuance of new shares. This strategic move is expected to enhance Synagistics’ market positioning by integrating the target company’s reputable global investor base, which includes prominent entities like OMERS, Mandiri Investment, and Khazanah Nasional Berhad, potentially boosting Synagistics’ credibility and international reach.

More about HK Acquisition Corp.

Synagistics Limited is a company incorporated in the Cayman Islands, focusing on AI, blockchain, decentralized finance (DeFi), and stablecoin innovation. The company is listed on the Stock Exchange of Hong Kong and aims to expand its influence in the technology sector through strategic acquisitions.

Average Trading Volume: 5,295,838

Technical Sentiment Signal: Hold

Current Market Cap: HK$7.03B

Learn more about 2562 stock on TipRanks’ Stock Analysis page.

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