Execution of LOI with SPAC at US$300m Valuation

Ovanti Limited (ASX: OVT) (“Ovanti” or the “Company”) is pleased to announce that its U.S. “Buy Now, Pay Later” (“BNPL”) subsidiary, Ovanti US Inc. trading as Flote (“Ovanti US”), has executed a Letter of Intent (“LOI”) with Miluna Acquisition Corp (NASDAQ: MMTXU) (“Miluna”), a Nasdaq-listed special purpose acquisition company (“SPAC”), for a proposed business combination resulting in Ovanti US be