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Nuvini went public via a SPAC merger with Mercato Partners Acquisition in a $312m deal.

Synopsis

Nuvini, a private serial software business acquirer, went public via a SPAC merger with Mercato Partners Acquisition, a publicly-listed special purpose acquisition company, in a $312m deal. “The completion of our business combination with Mercato is an important step that will be fundamental to accelerating Nuvini's growth through future acquisitions. Listing Nuvini’s shares on Nasdaq opens doors to new investors, enables broader market exposure and gives investors visibility on our value creation strategy. The potential capital generated through listing on Nasdaq will be instrumental to fueling our new acquisition endeavors,” Pierre Schurmann, Nuvini CEO.

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