Long stop extenDED
The proposed business combination with De Tomaso Automobili, has extended its long-stop to April 30, 2026.
ESGL IS NOW OIO
NASDAQ: OIO
OIO GROUP
Environmental Solutions Asia
Based in Singapore, Environmental Solutions Asia was founded with a simple idea: to help businesses and individuals achieve environmental sustainability through innovative practices. We believe that sustainability innovation, much like the advancements seen at De Tomaso Automobili and OIO Group, can transform waste into valuable resources, benefiting both the planet and business.
De Tomaso Automobili Business Combination
OIO Group, formerly known as ESGL Holdings Limited, has signed a definitive share purchase agreement with De Tomaso Automobili Holdings Limited to acquire 100% of De Tomaso Automobili in exchange for newly issued OIO shares. This strategic partnership aims to blend sustainability innovation with luxury automotive advancements. The deal is designed to enhance shareholder value through diversification and innovation, and it remains pending Nasdaq approval and customary conditions, with an extended long-stop date of April 30, 2026, and no assurance of completion.