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Robseek Intelligence Enters Merger Agreement With QuasarEdge Acquisition Worth $1B

Benzinga Newsdesk

Transaction OverviewPursuant to the Agreement, QuasarEdge will merge with and into Purchaser, its wholly owned subsidiary, with Purchaser surviving the merger and becoming the publicly listed company, and its wholly

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    Robseek Intelligence Inc. Announces Entering into an Agreement and Plan of Merger with QuasarEdge Acquisition Corporation

    Robseek Intelligence Inc., an AI-driven technology company, has announced a merger agreement with QuasarEdge Acquisition Corporation (NYSE: QRED), a SPAC. The transaction values Robseek at approximately $1 billion pre-money equity value. Upon completion, Robseek will become a publicly traded company, providing access to capital markets and resources to scale its AI advertising platform (NOVA AI) and smart-device ecosystem (ALIF AI). The merger is subject to regulatory approvals and shareholder votes.

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