Sociallite US targets late Q4 2026 to early Q1 2027 for planned Reltime deal
Bitget2026/10/09 15:00Sociallite US is progressing talks on a reverse takeover of Norway-based Reltime, following a non-binding LOI published May 9, 2026. Reltime’s ongoing fundraising has taken longer than expected, pushing back the original timeline for the deal. The indicative closing window shifted to late Q4 2026 or early Q1 2027. Completion remains subject to due diligence, final transaction documentation, required decisions, and approvals. No certainty the transaction will be completed. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sociallite US AB (publ) published the original content used to generate this news brief via Cision (Ref. ID: 202610091059BITN____UKPR__SV_20261009-BIT-1490-0) on October 09, 2026, and is solely responsible for the information contained therein.
- Sociallite US is progressing talks on a reverse takeover of Norway-based Reltime, following a non-binding LOI published May 9, 2026.
- Reltime’s ongoing fundraising has taken longer than expected, pushing back the original timeline for the deal.
- The indicative closing window shifted to late Q4 2026 or early Q1 2027.
- Completion remains subject to due diligence, final transaction documentation, required decisions, and approvals.
- No certainty the transaction will be completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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