Meteorite Capital Inc. (TSXV:MTR.P) is evaluating alternative acquisition opportunities. Meteorite Capital announced that it will not be proceeding with its proposed business combination with Sparkit Media Inc. under the original conditions at this time, and that the letter agreement dated May 18, 2020 between Meteorite and Sparkit, as amended on November 27, 2020, has been terminated, as set out in further detail in a termination agreement dated February 22, 2021. Meteorite is now also evaluating alternative acquisition opportunities with a view to completing its qualifying transaction (QT).