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Solmate is planning to acquire all the shares of RockawayX through a full-stock transaction, transforming into an integrated crypto business group.

2025.12.05 10:58:38

On December 5, Solmate Infrastructure—the Solana-focused infrastructure firm listed on Nasdaq under ticker SLMT—announced via Businesswire that it has signed a non-binding letter of intent (LOI) to merge with RockawayX. The move marks the company’s shift from a treasury-focused entity that passively manages digital assets to an integrated crypto business group spanning infrastructure, liquidity solutions, and asset management. Under the proposed deal, Solmate will acquire all outstanding shares of RockawayX in an all-stock transaction, creating a unified crypto enterprise with end-to-end capabilities across its target verticals. The combined entity will retain the Nasdaq ticker SLMT. The transaction is targeted to close in the first half of 2026, subject to the execution of a final binding agreement, receipt of required regulatory and shareholder approvals, and satisfaction of customary closing conditions.
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