1. Lingo Media and Schoold extend merger LOI further

    Lingo Media and Schoold extend merger LOI further

    Lingo Media and Schoold extend merger LOI further Share The extension is needed to provide sufficient time to complete the definitive agreements between the parties Lingo Media is an edtech (educational technology) firm Lingo Media Corp (TSE:LM) updated on its planned merger with college marketplace app Schoold - saying they have agreed to extend the term of their previously announced letter of intent (LOI) until the end of July.

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    1. Both companies have each recently achieved significant commercial milestones, including two long-term university contracts for Schoold and the strategic alliance between and Lingo Media.
    2. With these exciting commercial developments spanning Latin America and the United States, we are positioning the merged entity for greater cross-selling opportunities and synergies.
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