Mars Finance news, on December 5, according to BusinessWire, Solana infrastructure company Solmate Infrastructure (NASDAQ: SLMT) announced that it has signed a non-binding letter of intent for business combination with RockawayX, marking the company's transformation from a passive management digital asset treasury enterprise to an integrated cryptocurrency business group that combines infrastructure, liquidity, and asset management. Solmate will acquire 100% of RockawayX's equity through a all-stock purchase, creating a cryptocurrency enterprise that integrates infrastructure, liquidity, and asset management under the same system. The merged entity will continue to trade under the ticker 'SLMT' on NASDAQ. The transaction is expected to be completed in the first half of 2026, subject to the execution of a final binding document, obtaining relevant regulatory and shareholder approvals, and meeting closing conditions.

