Globa Terra Acquisition signs LOI for business combination with Nature's Ledger
Globa Terra Acquisition entered a non-binding letter of intent to combine with Nature’s Ledger, which would become public if due diligence, definitive documentation, approvals and customary closing conditions are satisfied. Nature’s Ledger agreed to cover part of Globa Terra’s costs to extend its business-combination deadline while talks continue.
1. Proposed combination
Globa Terra Acquisition entered a non-binding letter of intent to combine with Nature’s Ledger, a platform focused on tokenizing nature-based real-world assets. The proposed deal would take Nature’s Ledger public, subject to due diligence, definitive documentation, approvals and customary closing conditions; Nature’s Ledger also agreed to cover part of Globa Terra’s costs to extend its business-combination deadline while talks continue.
