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CompoSecure went public via a SPAC merger with Roman DBDR Tech Acquisition in a $1.2bn deal.

Synopsis

CompoSecure, a provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, went public via a SPAC merger with Roman DBDR Tech Acquisition, a SPAC, in a $1.2bn deal. Investment companies BlackRock and Highbridge Capital Management led the $175m PIPE. “CompoSecure is a world-class platform for next generation payment technology, security, and cryptocurrency solutions. Its distinct value proposition has resulted in widespread adoption by major banks, financial institutions and emerging FinTechs to support their acquisition of payment card customers. We believe this is a platform company that can launch successfully into the digital asset and blockchain markets with a proven product," Dixon Doll, Jr, Roman DBDR Co-CEO.

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