Keo Capital is trading at SEK 11.60 (+14.62%) after announcing a non-binding letter of intent with Lionheart Holdings for a proposed merger involving KEO Energy.
- The proposed deal points to a preliminary pre-money valuation of $400 million, with the parties aiming to reach a final agreement by August 17, 2026.
- Market sentiment is being driven by the proposed Nasdaq-traded structure for the combined entity.