FingerMotion signs non-binding term sheet to combine with BlueFlare

Bitget2026/10/29 21:00

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FingerMotion signed a nonbinding term sheet for a potential business combination with Calgary-based BlueFlare Group Holdings.
BlueFlare shareholders and certain management and advisory parties would hold approximately 80% of the combined company on a fully diluted basis.
The combined business would focus on North American on-site power generation and modular high-performance computing infrastructure.
The company would become BlueFlare, trading on Nasdaq as BFLR, with Jolie Kahn as CEO, president and chair.
Completion depends on a definitive merger agreement, shareholder approvals, funding requirements and third-party valuations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FingerMotion Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610291630PRIMZONEFULLFEED9856483) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FingerMotion signs non-binding term sheet to combine with BlueFlare

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