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News  ›  Benzinga

Marine Thinking to Become a Publicly Traded Company on NASDAQ via Combination with Eureka Acquisition Corp.

Benzinga Logo Benzinga By Globe Newswire
Marine Thinking to Become a Publicly Traded Company on NASDAQ via Combination with Eureka Acquisition Corp.

Marine Thinking, a physical AI technology company specializing in autonomous ship solutions, will become a publicly traded company by merging with Eureka Acquisition Corp. The transaction values Marine Thinking at approximately $130 million and will list the company on NASDAQ.

Insights
FpB   positive

Exceeded revenue expectations, demonstrated strong performance in Ford Pro and Ford Blue segments, reduced tariff headwinds, maintained cost discipline, and showed confidence through dividend yield


EURK   positive

Successfully identifying and merging with an innovative technology company in the marine sector