New York, Nov. 23, 2025 (GLOBE NEWSWIRE) — LEAD INNOVATION CORPORATION (“LEIC”), a range of businesses, including home furnishings, lifestyle, hotel and hospitality, food and beverage, environmental and other related fields. through its subsidiaries, has operations that encompass a range of businesses, including home furnishings, lifestyle, hotel and hospitality, food and beverage, environmental and other related fields, and ECLECTIC LIMITED, (“Eclectic”), a Macau-based technology company engaged in technologies that is focus on the global sustainability development of next generation strategy for materials engineering, AI technologies, zero-carbon transportations, biomedical technologies, sustainable finance, fintech solutions, eatology developments and other related fields, today announced that they have entered into a Memorandum of Understanding (MOU) to explore a potential strategic collaboration.
Under the MOU, both parties intend to engage in good-faith negotiations on a framework designed to facilitate Eclectric’s potential going-public transaction through a SPAC listing, while also identifying longer-term opportunities for cross-border business integration, joint development, and market expansion.
The non-binding agreement outlines the intent to explore cooperation in several areas, including technology development, brand partnerships, and investment structuring related to the potential listing. The parties have also agreed to a period of exclusivity until October 31, 2025, during which they will refrain from entering into discussions with competing entities pursuing similar objectives.
“This partnership marks the beginning of a promising dialogue between two companies that share a forward-looking vision,” said a spokesperson for LEIC. “We believe there are strong synergies between LEIC’s established presence in the lifestyle and consumer industries and Eclectic’s innovation in high-performance materials.”
A representative from Eclectic added, “As we continue to expand our business globally, we look forward to leveraging LEIC’s network and market experience to accelerate our growth and explore capital market opportunities.”
The MOU is non-binding, except for certain provisions relating to confidentiality, exclusivity, and dispute resolution. Any definitive agreements arising from this collaboration will be subject to further negotiation and execution by both parties.
About LEAD INNOVATION CORPORATION
LEAD INNOVATION CORPORATION is a U.S.-based diversified company with operations spanning home furnishings, lifestyle, hospitality, food and beverage, and related industries. The company focuses on integrating global brands and experiences to create sustainable business growth across sectors. For more information, please visit the Company’s website: https://www.leic.group/.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the Registration Statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at http://www.sec.gov.
For more information, please contact:
LEIC
Investor Relations Department
