Vincerx Pharma, Inc. (Nasdaq: VINC) announces that it has entered into a non-binding letter of intent (“LOI”) with Global Digital Holdings Inc., conducting business as QumulusAI, a privately-held, high-performance computing infrastructure company for artificial intelligence (AI), relating to a business combination between Vincerx and QumulusAI. The contemplated transaction would result in QumulusAI becoming a publicly traded company through a reverse triangular merger with Vincerx.
Read the full article: Vincerx Pharma Announces Non-Binding Letter of Intent for Business Combination with QumulusAI //
Source: https://www.globenewswire.com/news-release/2025/03/18/3044542/0/en/Vincerx-Pharma-Announces-Non-Binding-Letter-of-Intent-for-Business-Combination-with-QumulusAI.html