Noventiq terminated the SPAC merger with Corner Growth Acquisition.

Noventiq, a global solutions and services provider in digital transformation and cybersecurity, terminated the SPAC merger with Corner Growth Acquisition, a special purpose acquisition company. Financial terms were not disclosed. On July 4, 2024, the decision was made to terminate the agreement. “Due to current SPAC and equity market conditions, it was mutually agreed that the best option for all parties at this time is to terminate the transaction. We have determined that the right decision for Noventiq is to remain private at this time. We are confident about our operational outlook, and we look forward to continuing to drive significant growth in our business,” Hervé Tessler, Noventiq CEO.