(RTTNews) - Evergreen Corp. (EVGR), a special purpose acquisition company, has agreed to merge with Forekast Limited in a transaction that values Forekast at an enterprise value of $105 million. Following the merger, the combined company will operate as Forekast Group
Forekast is a technology managed services provider specializing in augmented intelligence, integrating AI-driven insights to enhance business operations, customer experiences, and workforce capabilities.
Completion of the proposed Business Combination is expected to be in the year end of 2024.
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