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DUET Acquisition Corp. Intends to Combine with Fenix 360 Pte Ltd., to Create a Global Social Media Platform

NEW YORK, July 06, 2023 (GLOBE NEWSWIRE) Fenix 360 Pte Ltd (“Fenix”), a global social media company incorporated in Singapore that is designed to provide artists and creators with substantially enhanced compensation, tools and control, has signed a binding letter of intent (the “LOI”) to be acquired by DUET Acquisition Corp. (NASDAQ:DUET) (“DUET”), a special purpose acquisition company. Pursuant to the LOI, the DUET will acquire 100% of the outstanding equity interests of Fenix in a proposed ....

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