London SPAC To Buy AI Biz Cykel In £19M Deal

By Dawood Fakhir (May 10, 2024, 3:28 PM BST) -- London-based blank-check company Mustang Energy PLC said Friday that it has agreed to acquire artificial intelligence software developer Cykel AI PLC for approximately £19.2 million ($24 million) in an all-share deal after months of negotiations....

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