Future Dao Enters into Definitive Merger Agreement with Metal Sky Star Acquisition Corporation

SINGAPORE and NEW YORK, April 12, 2023 (GLOBE NEWSWIRE) — Future Dao Group Holding Limited (“Future Dao”), a blockchain company with a focus on bitcoin mining, and Metal Sky Star Acquisition Corporation (Nasdaq:MSSA) (“MSSA”), a blank check company formed for the purpose of acquiring one or more businesses or entities, announced today that they have entered into a definitive merger agreement (the “Merger Agreement”). As contemplated by the Merger Agreement, following the closing of the merger (the “Proposed Transaction”), Future Dao will operate through a publicly-traded holding company listed on the Nasdaq Stock Market.

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