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Bluesky Digital Assets Corp. Signs LOI to Acquire ChessGold Inc
Newsfileยท 2025-07-30 13:57
Core Viewpoint - Bluesky Digital Assets Corp. has signed a non-binding letter of intent with ChessGold Inc. to explore the acquisition of 100% of ChessGold's equity and business assets, initiating a 120-day exclusive due diligence period [1][2]. Group 1: Transaction Details - The letter of intent grants Bluesky a 120-day exclusive due diligence period to assess ChessGold's business and assets [2]. - Upon successful completion of the due diligence, Bluesky will have the opportunity to negotiate a definitive agreement for the acquisition of ChessGold [2][3]. - The final terms of the transaction will be determined based on the due diligence findings and will require customary closing conditions and regulatory approvals [3]. Group 2: Company Background - Bluesky Digital Assets Corp. operates at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions, positioning itself as a high-value digital enterprise [4]. - The company has developed a platform, BlueskyINTEL, aimed at leveraging the growth of AI and Blockchain technologies through a collaborative web platform [4].