Research analysts covering STARRY SEA ACQUISITION.
Recent press releases and 8-K filings for SSEA.
SSEA Announces Binding Letter of Intent for Business Combination with Forever Young International Limited
SSEA
M&A
- Starry Sea Acquisition Corp. (SSEA) has signed a binding letter-of-intent for a proposed business combination with Forever Young International Limited.
- Forever Young is a health industry company that provides management and support services to medical institutions in China.
- The LOI contemplates a pre-money equity value for Forever Young in the range of approximately $750 million to $900 million, with consideration expected to be rollover equity valued at $10 per share.
- The parties have agreed to a sixty-day period of mutual exclusivity to negotiate and execute a definitive agreement.
Sep 29, 2025, 4:00 PM
Starry Sea Acquisition Corp. Announces Binding Letter of Intent for Business Combination with Forever Young International Limited
SSEA
M&A
- Starry Sea Acquisition Corp. (SSEA) announced on September 29, 2025, the signing of a binding letter-of-intent (LOI) for a proposed business combination with Forever Young International Limited.
- Forever Young International Limited is a health industry company in China that provides management and support services to medical institutions.
- The LOI contemplates a pre-money equity value for Forever Young in the range of approximately $750 million to $900 million, subject to confirmatory due diligence.
- The consideration is expected to be rollover equity to Forever Young’s shareholders in the form of ordinary shares of the post-closing publicly-listed entity, each valued at $10 per share.
- The parties have agreed to a 60-day period of mutual exclusivity, which may be extended under certain conditions.
Sep 29, 2025, 3:45 PM
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