Metavisio: ongoing discussions in the USA
'Metavisio already generates 5% of its sales in the USA, which is unique for a French hardware company, but this country should eventually account for the majority of the company's sales', explains the company.
As a reminder, Metavisio announced on Friday evening the end of the exclusive negotiations begun on September 9 with the 'Special Purpose Acquisition Company' (SPAC) SportsTek Acquisition, which concerned a possible business combination.
The laptop company justified this end of discussions by difficult market conditions for SPACs in the USA and by a high level of repayment of the SportsTek escrow account decided by shareholders at their December 20 meeting.
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