Greencity Acquisition Corporation Signed LOI with a Chinese 3D printing Company

Greencity Acquisition Corporation today announced that on April 21, 2023 the Company signed a non-binding letter of intent with Bopai Construction Technology  Co., Ltd. a company headquartered in China. Bopai has retained its own US legal counsel and PCAOB qualified independent public accounting firm to conduct the preparation for the potential business combination transaction with the Company. The Company plans to enter into the definitive business combination agreement (the "DA") with Bopai upon the completion of due diligence on Bopai to Company's satisfactory and Bopai's delivery of its audited financial statements as required for the potential initial proxy statement/registration statement filing.

Source:prnewswire.com