Lionheart III Discussed a Deal With Security Matters

Lionheart III has held merger talks with Australian technology company Security Matters, Bloomberg reports, citing people with knowledge of the matter.

Lionheart has begun discussions with backers of a potential PIPE for a deal that would provide growth capital to Melbourne-based Security Matters, said one of the people, who requested anonymity discussing confidential negotiations. A transaction hasn’t been finalized and it’s possible talks collapse. Read more.

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