Announced
Financials
Sources
Tags
Friendly
Domestic
Single Bidder
De-SPAC
Acquisition
Private
Majority
Pending
Merger
Reverse Takeover
it solutions
IT Services: Other
Russian Federation
cybersecurity sotware licensing
integrated technology solutions
private and public cloud solutions
Synopsis
Noventiq, a global solutions and services provider in digital transformation and cybersecurity, agreed to go public via a SPAC merger with Corner Growth Acquisition, a special purpose acquisition company. Financial terms were not disclosed. “Today’s announcement is a significant step towards our objective to realise the true fundamental value of Noventiq for all of our stakeholders. We have built a great company with a very strong track record for growth, and a partnership with Corner Growth is an exciting move as we look ahead to a potential listing on Nasdaq. Corner Growth’s team has a strong history with companies in the emerging markets, helping to generate added sales channels, contract opportunities, and access to significant customer networks at the highest levels," Jacques Guers, Noventiq Chairman.
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