March 12 (Reuters) - Arkadia Capital Corp AKCh.V :
* ARKADIA CAPITAL - CO, ALPHADELTA MANAGEMENT ENTERED NON-BINDING LETTER OF INTENT DATED MARCH 10, 2020
* ARKADIA CAPITAL - LETTER OF INTENT SETS OUT TERMS UNDER WHICH CO WOULD BE PREPARED TO ACQUIRE ALL SECURITIES OF ALPHADELTA MANAGEMENT
* ARKADIA CAPITAL - INTENDS TO CONSOLIDATE ARKADIA SHARES BEFORE OR AFTER PROPOSED TRANSACTION ON NOT LESS THAN A 10:1 BASIS