FogChain Announces Letter of Intent to Merge with Loop Media Inc.
FogChain Corp. (“FogChain” or the “Company”) is pleased to announced that it has entered into a non-binding letter of intent (“LOI”) dated July 25, 2019 with Loop Media, Inc. (“Loop Media”) pursuant to which the parties will complete a merger or some other form of business combination that will constitute a reverse takeover of the Company by Loop Media (the “Transaction”).