Quetta Acquisition Corp. Terminates Merger Agreement With Quad Group By Mutual Consent
Quetta Acquisition Corp. QETA | 11.50 | 0.00% |
On January 15, 2026, Quetta Acquisition Corporation, a Delaware corporation (the "Company"), entered into a Termination Agreement (the "Termination Agreement") with KM QUAD, a Cayman Islands exempted company, Quad Global Inc., a Cayman Islands exempted company, and Quad Group Inc., a Cayman Islands exempted company (collectively, the "Parties").
The Termination Agreement provides for the termination, by mutual agreement of the Parties, of that certain Agreement and Plan of Merger, dated February 14, 2025 (the "Merger Agreement"). Pursuant to the Termination Agreement, the Parties agreed to terminate the Merger Agreement by mutual consent and to provide mutual releases of claims related thereto, subject to the terms and conditions set forth in the Termination Agreement. The Termination Agreement provides that the termination does not constitute an admission of fault or liability by any party.
The foregoing description of the Termination Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Termination Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 1.02 Termination of a Material Definitive Agreement
As described above in Item 1.01, on January 15, 2026, the Company and the other parties thereto entered into the Termination Agreement, pursuant to which the Merger Agreement was terminated in its entirety, effective as of January 15, 2026, subject to the terms and conditions set forth in the Termination Agreement. Except as expressly set forth in the Termination Agreement, the Merger Agreement is of no further force or effect.
