.
MergerLinks Header Logo

New Deal


Announced

Clover to go public via a SPAC merger with FoxWayne Enterprises Acquisition in a $157m deal.

Financials

Edit Data
Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Online and Social Platforms

Merger

Acquisition

live streaming

Reverse Takeover

Canada

De-SPAC

Pending

Friendly

Majority

Private

Cross Border

Synopsis

Edit

Clover, a developer of a dating application designed to help users find a dating partner, agreed to go public via a SPAC merger with FoxWayne Enterprises Acquisition in a $157m deal. "We are deeply committed to advancing Clover's exciting live streaming platform. This transaction is expected to accelerate the development of our lead offerings for over 9m and growing users," Isaac Raichyk, Clover CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US