• Keo Capital’s proposed business combination between its KEO Energy unit and Lionheart was not completed within the agreed exclusivity period.
• The parties agreed not to extend exclusivity, ending the current process under the previously signed non-binding letter of intent.
• The transaction had been structured to list a new holding company on Nasdaq, with equity holders in both firms rolling into it.
• Keo Capital still aims to pursue a US listing for KEO Energy.

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. Keo Capital AB published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.