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Singapore-based Lion Group Holding Ltd.
(NASDAQ: LGHL) announced on June 18 that it has entered into a non-binding memorandum of understanding to acquire Aquila Hash, Inc., a U.S.-headquartered company operating in global AI infrastructure.
The move signals a potential strategic repositioning for the Nasdaq-listed firm toward one of the market's most capital-intensive technology verticals.
The Deal Structure The agreement between Lion Group and Aquila Hash is framed as a non-binding MOU, meaning neither party is yet committed to completing a transaction.
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