Zetrix AI Nasdaq bid heats up with SPAC partnership

Zetrix said the MoU provides a “framework for collaboration and facilitates discussions” between both parties, although it did not mention any details related to a potential listing.

PETALING JAYA: Zetrix AI Bhd is moving closer to listing its artificial intelligence (AI) unit in the United States via a potential reverse merger exercise similar to Malaysia-born ride-hailing player Grab in 2021.

Sources said the listing on Nasdaq may take place in collaboration with Forefront Tech Holdings Acquisition Corp (FTHAC) which was recently listed on the same platform a month back.