Announced
Synopsis
REAL Messenger, a technology company built as a social platform, agreed to go public via a SPAC merger with Nova Vision Acquisition, a blank check company, in a $150m deal. "In a short period, REAL Messenger has proven to be a critical asset for the real estate industry. We want to enable investors to invest in REAL Messenger earlier than they would through a traditional model. We believe the SPAC model will help us in our path to becoming THE social app for real estate. We are so confident in our technology and our business model that we have agreed for half of our consideration to be in the form of a performance earnout," Thomas Ma, REAL Messenger Co-Founder and CEO.
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