GLAAM Approves Business Combination With Jaguar Global Growth Corporation I At General Meeting Of GLAAM Shareholders
Portfolio Pulse from Happy Mohamed
GLAAM Co., Ltd., a designer and developer of architectural display glass, has approved a business combination with Jaguar Global Growth I (JGGC). The merger aims to target the North American super large architectural media market. GLAAM is expected to become a US publicly traded company in Q3 2023, making it one of the first Korean-based media display companies listed on Nasdaq. Post-merger, the new company is expected to be renamed 'Captivision Inc.' and listed on Nasdaq under the ticker symbols 'CAPT' and 'CAPTW'.
July 24, 2023 | 12:12 pm
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POSITIVE IMPACT
JGGC's merger with GLAAM could potentially expand its reach into the North American market. The new company, Captivision Inc., will be listed on Nasdaq, potentially increasing its visibility and attracting more investors.
The merger with GLAAM allows JGGC to expand its market reach, particularly in North America. The new company's listing on Nasdaq could increase its visibility and potentially attract more investors, which could positively impact JGGC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100