EON Reality

Arogo Capital Acquisition Corp. Announces Termination of Merger Agreement with EON Reality, Inc.

Retrieved on: 
Thursday, November 9, 2023
EON, EON Reality, Sale, Acquisition, MIAMI, Atrytone arogos, Retail, Property management

MIAMI BEACH, FL, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Arogo Capital Acquisition Corp. (“Arogo” or the “Company”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that its previously announced agreement and plan of merger (the “Merger Agreement”) with EON Reality, Inc. (“EON”) has been terminated.

Key Points: 
  • MIAMI BEACH, FL, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Arogo Capital Acquisition Corp. (“Arogo” or the “Company”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that its previously announced agreement and plan of merger (the “Merger Agreement”) with EON Reality, Inc. (“EON”) has been terminated.
  • As a result, Arogo will seek an alternative business combination.
  • This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Arogo Capital Acquisition Corp. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

Retrieved on: 
Thursday, September 28, 2023
EON, Transfer, Plan, Certificate, Tripura Merger Agreement, Business analyst, Sub, Trust, Extension, Accounting, EON Reality, Acquisition, Special, Security (finance), Atrytone arogos, Mergers and acquisitions

The Extension provides the Company with additional time to complete the previously announced proposed business combination (the “Transaction”) with EON Reality, Inc., a California corporation.

Key Points: 
  • The Extension provides the Company with additional time to complete the previously announced proposed business combination (the “Transaction”) with EON Reality, Inc., a California corporation.
  • Stockholders holding 3,298,311 shares of common stock of Arogo exercised their right to redeem their shares for a pro rata portion of the funds in the Trust Account.
  • As a result, approximately $35,357,893.92 (approximately $10.72 per share) will be removed from the Trust Account to pay such holders.
  • Arogo has deposited into the Trust Account $40,000 for the initial extension period (commencing September 29, 2023 and ending October 29, 2023).

Arogo Capital Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination

Retrieved on: 
Monday, July 31, 2023
EON, Plan, Tripura Merger Agreement, Sub, Extension, EON Reality, Acquisition, Property management, Airline, Atrytone arogos, Mergers and acquisitions, Prachaya Ruangroj

New York, July 31, 2023 (GLOBE NEWSWIRE) -- Arogo Capital Acquisition Corp. (the “Company” or “Arogo”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that on July 25, 2023 it caused to be deposited $191,666 (the “Extension Payment”) into the Company’s Trust account for its public stockholders, representing $0.0378 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from July 29, 2023 to August 29, 2023 (the “Extension”).

Key Points: 
  • New York, July 31, 2023 (GLOBE NEWSWIRE) -- Arogo Capital Acquisition Corp. (the “Company” or “Arogo”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that on July 25, 2023 it caused to be deposited $191,666 (the “Extension Payment”) into the Company’s Trust account for its public stockholders, representing $0.0378 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from July 29, 2023 to August 29, 2023 (the “Extension”).
  • The Extension is the fifth of nine-monthly extensions permitted under the Company’s governing documents.
  • On April 25, 2022, Arogo entered into an Agreement and Plan of Merger (as amended on October 6, 2022, and as it may be further amended or supplemented from time to time, the “Merger Agreement”), by and among Arogo, Arogo Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Arogo (“Merger Sub”), EON Reality, Inc., a California corporation (“EON Reality”), Singto, LLC, formerly known as Koo Dom Investment, LLC, in its capacity as Purchaser Representative, and EON Reality, Inc., in its capacity as Seller Representative.
  • Pursuant to the Merger Agreement, at the closing of the transactions contemplated by the Merger Agreement (the “Closing”), Merger Sub will merge with and into EON Reality, with EON Reality becoming a wholly-owned, privately-held subsidiary of Arogo, and Arogo with change its name to EON Reality Holdings, Inc., which will continue as the surviving public corporation after the Closing (“EON Reality Holdings”).

Global Digital MRO Market to Reach USD 2.0 Billion by 2030: Driven by Increasing Adoption of Predictive Maintenance and Advanced Technologies

Retrieved on: 
Thursday, July 13, 2023
Cloud, Aircraft, EON, Ansys, Maintenance, IBM, Honeywell, General Electric, Internet of things, Aviation, Original equipment manufacturer, Digital twin, Lufthansa Technik, GE, SAP, Magic Leap, Indian MRO Industry, Airline, USD, EON Reality, Data wrangling, Simulation, GE Aviation, Boeing, Robotics, Machine learning, Winair, Algorithm, Ramco Systems, SITA, Artificial intelligence, Cloud computing, Growth, AI, ATR, AR, MRO, Maintenance (technical), Rusazus, Blockchain, Application, Airbus

The global digital MRO market is poised for significant growth, projected to reach USD 2.0 billion by 2030, with a CAGR of 13.0% from 2023 to 2030.

Key Points: 
  • The global digital MRO market is poised for significant growth, projected to reach USD 2.0 billion by 2030, with a CAGR of 13.0% from 2023 to 2030.
  • Inventory management emerges as a key application segment in the digital MRO market, projected to grow at the second-highest compound annual growth rate (CAGR) during the forecast period.
  • The European region is projected to exhibit the second-highest CAGR in the digital MRO market during the forecast period.
  • GE Aviation, a prominent player in the digital MRO market, has procured digital twin technology for maintenance purposes.

Metaverse in Gaming Market by Component Hardware, Software, Game Genre and Region - Global Forecast to 2028

Retrieved on: 
Friday, June 9, 2023
Metaverse, Decentraland, SME, Virtual reality, Augmented reality, NFT, International, Interactivity, Tourism, VRChat, Internet of things, Blockchain, ROI, App Store (iOS/iPadOS), VR, Internet, Mediterranean Basin, Traction, Marshall Islands, Growth, European Association for Evolutionary Political Economy, Region, EON Reality, AR, Video game, Privacy, Software, ZQGame, Computer security

DUBLIN, June 9, 2023 /PRNewswire/ -- The "Metaverse in Gaming Market by Component Hardware (AR Devices, VR Devices, MR Devices, Displays), Software (Extended Reality Software, Gaming Engines, Metaverse Platforms, Financial Platforms), Game Genre and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 9, 2023 /PRNewswire/ -- The "Metaverse in Gaming Market by Component Hardware (AR Devices, VR Devices, MR Devices, Displays), Software (Extended Reality Software, Gaming Engines, Metaverse Platforms, Financial Platforms), Game Genre and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The metaverse development services include Metaverse Game Development, Metaverse NFT Marketplace Development, Metaverse Real Estate Platform Development, Metaverse App Development, Metaverse Social Media Platform Development, Metaverse Education Platform Development, Metaverse Event Platform Development, among others.
  • Components in the services segment include gaming metaverse marketplace, games launchpad development, NFT game development, and play-to-earn model game development, among others.
  • The substantial growth of the virtual world immersive interactive gaming industry in Europe is a crucial driver for the gaming metaverse market in this region.

Metaverse in Healthcare Market worth $79.6 billion | MarketsandMarkets

Retrieved on: 
Tuesday, May 9, 2023
Metaverse, EON, Insurance, Medicine, GE HealthCare, VR, Internet, Hospital, Investment, Patient, Collaborative RESearch Team to study psychosocial issues in Bipolar Disorder, Meta Platforms, Software, Research, EON Reality, Organization, Application, Patient safety, Knowledge, Growth, Empowerment, AR, Learning, Blockchain, Nvidia Omniverse, Patient satisfaction, Nvidia, GE, ID, Encarta, Virtual reality, Intuitive Surgical, Near-infrared vein finder, DICE, CAE Inc., Education, Medtronic, Artificial intelligence, CMR Surgical, Health care, Pet industry, Nursing, Video game, Pharmaceutical industry, Microsoft, Oculus, Wipro

In 2022, the software segment accounted for the largest market share in metaverse in healthcare market.

Key Points: 
  • In 2022, the software segment accounted for the largest market share in metaverse in healthcare market.
  • The augmented and virtual reality segment accounted for the largest share of 28.2% of the metaverse in healthcare market in 2022.
  • By End User, the healthcare providers segment accounted for the largest share in the metaverse in healthcare market.
  • Metaverse in Healthcare Market Advantages:
    Enhanced Access to Healthcare Services: The metaverse allows for virtual consultations, enabling patients to access healthcare services remotely.

Metaverse in Healthcare Market worth $79.6 billion | MarketsandMarkets

Retrieved on: 
Tuesday, May 9, 2023
Metaverse, EON, Insurance, Medicine, GE HealthCare, VR, Internet, Hospital, Investment, Patient, Collaborative RESearch Team to study psychosocial issues in Bipolar Disorder, Meta Platforms, Software, Research, EON Reality, Organization, Application, Patient safety, Knowledge, Growth, Empowerment, AR, Learning, Blockchain, Nvidia Omniverse, Patient satisfaction, Nvidia, GE, ID, Encarta, Virtual reality, Intuitive Surgical, Near-infrared vein finder, DICE, CAE Inc., Education, Medtronic, Artificial intelligence, CMR Surgical, Health care, Pet industry, Nursing, Video game, Pharmaceutical industry, Microsoft, Oculus, Wipro

In 2022, the software segment accounted for the largest market share in metaverse in healthcare market.

Key Points: 
  • In 2022, the software segment accounted for the largest market share in metaverse in healthcare market.
  • The augmented and virtual reality segment accounted for the largest share of 28.2% of the metaverse in healthcare market in 2022.
  • By End User, the healthcare providers segment accounted for the largest share in the metaverse in healthcare market.
  • Metaverse in Healthcare Market Advantages:
    Enhanced Access to Healthcare Services: The metaverse allows for virtual consultations, enabling patients to access healthcare services remotely.

Arogo Capital Acquisition Corp. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

Retrieved on: 
Tuesday, March 28, 2023
EON, Transfer, Plan, Certificate, Tripura Merger Agreement, Business analyst, Sub, Trust, Extension, Accounting, EON Reality, Acquisition, Special, Security (finance), Atrytone arogos, Mergers and acquisitions

The Extension provides the Company with additional time to complete the previously announced proposed business combination (the “Transaction”) with EON Reality, Inc., a California corporation.

Key Points: 
  • The Extension provides the Company with additional time to complete the previously announced proposed business combination (the “Transaction”) with EON Reality, Inc., a California corporation.
  • Stockholders holding 5,289,280 shares of common stock of Arogo exercised their right to redeem their shares for a pro rata portion of the funds in the Trust Account.
  • As a result, approximately $55,272,976 (approximately $10.45 per share) will be removed from the Trust Account to pay such holders.
  • Arogo will deposit into the Trust Account $191,666 for the initial extension period (commencing March 29, 2023 and ending April 29, 2023).

VR in Healthcare Market is expected to display a steady growth of 35% due to the rise in research & development activities for new technologies | UnivDatos Market Insights

Retrieved on: 
Monday, February 20, 2023
EON, Commerce, Sony, Virtual reality, Science, Health, Defense Institute, CAE Inc., National Institutes of Health, Hospital, Government, Diagnosis, Pain, HTC, Rehabilitation, Hardware, Education, Pressure, Shock, Research, Pain management, DSM-IV codes, Wilford Hall Ambulatory Surgical Center, USD, EON Reality, Growth, Component, Viral Research and Diagnostic Laboratories, Environment, Surgeon, COVID-19, SAMSUNG, Cancer, Research Diagnostic Criteria, Medical device, Pharmaceutical industry, VR, Software, NOIDA

The VR in healthcare market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.

Key Points: 
  • The VR in healthcare market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.
  • This innovative report makes use of several analyses to get a closer outlook on the VR in healthcare market.
  • The VR in healthcare market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the VR in healthcare market at the global and regional levels.

VR in Healthcare Market is expected to display a steady growth of 35% due to the rise in research & development activities for new technologies | UnivDatos Market Insights

Retrieved on: 
Monday, February 20, 2023
EON, Commerce, Sony, Virtual reality, Science, Health, Defense Institute, CAE Inc., National Institutes of Health, Hospital, Government, Diagnosis, Pain, HTC, Rehabilitation, Hardware, Education, Pressure, Shock, Research, Pain management, DSM-IV codes, Wilford Hall Ambulatory Surgical Center, USD, EON Reality, Growth, Component, Viral Research and Diagnostic Laboratories, Environment, Surgeon, COVID-19, SAMSUNG, Cancer, Research Diagnostic Criteria, Medical device, Pharmaceutical industry, VR, Software, NOIDA

The VR in healthcare market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.

Key Points: 
  • The VR in healthcare market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities.
  • This innovative report makes use of several analyses to get a closer outlook on the VR in healthcare market.
  • The VR in healthcare market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the VR in healthcare market at the global and regional levels.