Due to drastic changes in market conditions, Solmate cancels merger with RockawayX
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PANews, February 9—According to Businesswire, due to drastic changes in market conditions, Solana infrastructure company Solmate Infrastructure (NASDAQ: SLMT), which focuses on the Abu Dhabi market, has decided not to merge with a certain exchange under the previously announced term sheet. The two companies will continue to maintain their current strategic partnership to fully leverage the exchange's expertise in infrastructure and yield optimization.
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