Futurewave Acquisition Corp. to Merge with Olympian Group Inc.

Futurewave Acquisition Corp. (FWAC) has entered into a definitive Agreement and Plan of Merger with Olympian Group Inc. The transaction involves a reincorporation merger and an acquisition merger, through which Olympian will become a wholly owned subsidiary of a newly formed entity, expected to be Nasdaq-listed. Olympian shareholders will receive approximately 40,000,000 ordinary shares of the combined company, valued at $10.00 per share, based on an agreed company net value of $400,000,000. The combined company's board will comprise five directors, with Olympian appointing four. Olympian Group Inc. is a solutions provider specializing in integrated chip and electronic component solutions.