01:02 PM EST - Avila Energy Corp : Announces the signing on January 24, 2023 of a preliminary non-binding Letter of Intent with Insight Acquisition Corp., a Delaware corporation and a Special Purpose Acquisition Company, pursuant to which IAC has agreed to combine with the Company in a transaction that assumes an enterprise value of the combined company of U.S. $185,280,000 and will result in the combined company being publicly listed for trading on a major stock exchange in the United States, subject to exchange approval. Avila Energy Corp
shares C.VIK are trading unchanged at $0.25.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=VIK%3ACNX&qmodStoryID=7335948122692112
