GoLogiq will complete its merger of blockchain fintech company GammaRey for $320 million

According to the Globe News Wire, blockchain fintech company GammaRey announced that it has signed a $320 million merger deal with GoLogiq, GoLogiq will issue $320 million worth of common stock in exchange for 100 percent of GammaRey's outstanding shares. The transaction is expected to close in the coming weeks. GammaRey is a global fintech company dedicated to building a financial ecosystem and platform through blockchain technology, including digital wallets, borderless payments, and more. GoLogiq is a Us-Based fintech and mobile solutions provider dedicated to digital transformation and consumer data analytics, currently focusing on Southeast Asia. GoLogiq will continue to use the OTC symbol "GOLQ" after the completion of the transaction and plans to apply for listing on NASDAQ or the New York Stock Exchange.