Openmarkets enters agreement to combine with Lake Superior Acquisition Corp. | LKSPU Stock News
Openmarkets Group Pty Ltd has entered a merger agreement with Lake Superior Acquisition Corp, a SPAC, to become a Nasdaq-listed company. The transaction, valued at approximately $300 million, is expected to complete in 2026, pending regulatory and shareholder approvals. Openmarkets aims to expand into decentralized finance and cryptocurrency trading. The merger will allow Openmarkets to accelerate its growth and enhance its market presence in the U.S. The current management team will remain in place post-merger.
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