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GlobeNewswire·

Starstream Entertainment Inc. Announces Signing of LOI for the Proposed Acquisition of CityWalk e-Bike Inc., a China Focused Urban Mobility Company

  • Starstream Entertainment Inc. (OTCID:SSET) signed a non-binding Letter of Intent to acquire China-based CityWalk e-Bike Inc.
  • The proposed transaction requires due diligence, definitive documentation, & regulatory & shareholder approvals.
  • CEO Ding Zhao stated the move aims to strengthen Starstream's operating platform & create long-term shareholder value.
  • Starstream Entertainment is a Nevada-based public company refocusing from entertainment to broader commercial initiatives.
  • CityWalk e-Bike Inc. operates in the electric & hydrogen-powered e-bike sector & related mobility services.
  • The company disclaims any obligation to update forward-looking statements except as required by law.