Mergers & Acquisitions ·
Palomino Laboratories Inc. entered into a binding letter of intent on July 14, 2026, to acquire all outstanding shares…
PALXPalomino Laboratories Inc.
Palomino Laboratories Inc. entered into a binding letter of intent on July 14, 2026, to acquire all outstanding shares of Vega Links, Inc. in an all-stock transaction. The deal involves the exchange of 4,472,000 shares of Palomino common stock for 11,180,000 shares of Vega common stock, representing a 1:2.5 exchange ratio. The acquisition aims to expand Palomino's addressable market from $6 billion to over $60 billion by integrating Vega's high-speed interconnect infrastructure expertise. An exclusivity period for due diligence and definitive agreement negotiations is set through September 30, 2026. Palomino Laboratories is an artificial intelligence interconnect technology company developing connectivity solutions for AI infrastructure.