American Metals to combine with AI Transportation Acquisition Corp

American Resources Corporation's subsidiary American Metals LLC executed a business combination agreement with AI Transportation Acquisition Corp, valuing the combined company at $170 million.

“The proposed transaction represents a total equity value of USD 170 million for the combined company on a pro forma basis.”nasdaq.com

• 1 source
• nasdaq.comAmerican Resources Corporation’s American Metals LLC Executes Business Combination with Nasdaq Listed AI Transportation Acquisition Corp | NasdaqJul 1, 2024

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