Arogo Capital Acquisition filed a registration statement, proxy and prospectus on its proposed merger with Eon Reality, a deal valued at $655 million.
EON Reality is a global company engaged in virtual and augmented reality, and knowledge Metaverse industry and education solutions.
Announced in April, the deal is expected to provide EON Reality with approximately $101 million in cash, assuming no redemptions and before the payment of transactional fees and expenses.
The merger is expected be completed in the first half of 2023. Read more.