Keo Capital Enters into a Non-Binding Letter of Intent for Proposed Business Combination of KEO Energy with Lionheart Holdings
STOCKHOLM, SE / ACCESS Newswire / July 20, 2026 / Keo Capital (STO:KEOC) - Keo Capital AB ("Keo Capital") has entered into a non-binding letter of intent ("LOI") on 15 July 2026 with Lionheart Holdings ("Lionheart"), on behalf of Maha Energy (Indiana) Inc. ("KEO Energy"), outlining the terms for a proposed business combination that would result in a U.S. listing of KEO Energy. Under the proposed transaction, upon completion, equityholders of both companies would become equityholders of a newly formed holding company (the "Combined Company"), whose shares are expected to be listed on the Capital Market tier of the Nasdaq Stock Market LLC.
Accesswire7/20/2026Neutral