FingerMotion signs non-binding term sheet to combine with BlueFlare
Bitget2026/10/29 21:00- FingerMotion signed a nonbinding term sheet for a potential business combination with Calgary-based BlueFlare Group Holdings.
- BlueFlare shareholders and certain management and advisory parties would hold approximately 80% of the combined company on a fully diluted basis.
- The combined business would focus on North American on-site power generation and modular high-performance computing infrastructure.
- The company would become BlueFlare, trading on Nasdaq as BFLR, with Jolie Kahn as CEO, president and chair.
- Completion depends on a definitive merger agreement, shareholder approvals, funding requirements and third-party valuations.
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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