SDCL EDGE Acquisition Corporation signs LOI for business combination with Cunova and KME Aerospace

SDCL EDGE Acquisition Corporation has signed a non-binding letter of intent for a business combination with Magnet Joint Venture GmbH's subsidiary Cunova and KME's Specialty Aerospace Business. KME is expected to hold a majority stake in the combined entity.

“SDCL EDGE Acquisition Corporation announced today that it has executed a non-binding letter of intent with Magnet Joint Venture GmbH, KME SE and The Paragon Fund III GmbH & Co. geschlossene Investment KG, for a proposed business combination relating to the special product business of Cunova GmbH and”sec.gov

• 2 sources
• sec.govAug 21, 2023
• akm.ruSEDA plans to merge Cunova and KME Aerospace | AKM ENAK&MAug 23, 2023

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