Novibet to go public via a SPAC merger with Artemis Strategic Investment in a $625m deal.

Novibet, an established and profitable technology-enabled operator, agreed to go public via a SPAC merger with Artemis Strategic Investment, a publicly traded special purpose acquisition company, in a $625m deal. “Novibet has a strong record of success developing a superior technical platform to address the global iGaming opportunity in a manner that delivers profitable financial performance and positive cash flow. This record, combined with its demonstrated ability to successfully and profitably enter new markets as well as the significant opportunity to leverage its competitive advantages in new markets, including in North America, aligns with our original investment thesis and makes Novibet an ideal partner for Artemis,” Holly Gagnon, Artemis Chairperson and Co-CEO.