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Announced

Openmarkets to go public via merger with Broad Capital Acquisition in a $90m deal.

Synopsis

Openmarkets, a trading and wealth management tech solutions provider, agreed to go public via merger with Broad Capital Acquisition, a special purpose acquisition company, in a $90m deal. "The transaction we announced with BRAC today is another important milestone in OMG's recent trajectory. The BRAC board's recognition of our ambition through this merger will allow us to amplify our growth plans, expand our reach into new markets and wealthtech verticals, and continue to strengthen our disruptive B2B solutions for fintechs and finance professionals," Dan Jowett, Openmarkets CEO.

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