Announced
Financials
Sources
Tags
Acquisition
Mobile
Private Equity
Pending
Friendly
Cross Border
Private
Single Bidder
De-SPAC
mobile telecoms
Majority
Reverse Takeover
United Kingdom
Merger
Synopsis
Internet Mobile Communications, a fintech company, went public via a merger with Crystal Peak Acquisition, a special purpose acquisition company aimed at acquiring a technology company in the European and wider EMEA digital and technology ecosystems, in a $450m. Its marketplace, which allows its partner base of over 1,700 operators worldwide to make same-day settlements, helps overcome telecom industry challenges and increases operational efficiency.
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