Smart Kreate and Quetta Sign Merger Agreement Valued at $200M
Smart Kreate Group and Quetta Acquisition Corp. announced the signing of a definitive business combination agreement on March 6, 2026. Upon closing, the combined entity will operate as Smart Kreate Group and is expected to be Nasdaq-listed under a new ticker symbol. The transaction values the Company at an enterprise value of $200M. The companies said, "As an AI-enabled integrated logistics platform, SKG is positioned to bridge the massive intelligence gap in global supply chains, transforming fragmented data into a unified, predictive, and autonomous logistics ecosystem. The global logistics industry is currently undergoing a structural shift from manual execution to AI-led orchestration. SKG's proprietary Operating System (OS) functions as the "brain" of the supply chain, integrating disparate data points across international borders to provide real-time visibility and, more importantly, predictive decision support. The Company's global expansion will be accelerated by one of its strategic shareholders, who is a 3PL logistics market leader in Asia operating a global network and manages a massive infrastructure across various countries." The transaction is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals.
