Arogo Capital Acquisition (Nasdaq: AOGO/AOGOU/AOGOW) today announced that its merger agreement with EON Reality has been terminated. The SPAC said it will seek an alternative business combination.
Arogo Capital filed an S-4 on the $655 million deal more than a year ago. Announced in April 2022, the transaction was expected to provide the target with approximately $101 million in cash.
EON Reality is a global company engaged in virtual and augmented reality, and knowledge Metaverse industry and education solutions. Read more.
