SLAM Corp. Transitioning From Nasdaq to OTC Markets, To Continue Under Same Ticker Symbols; SLAM And Lynk Global Remain Committed To Business Combination And Combined Company Expects To List On Nasdaq Upon Close;
Portfolio Pulse from Benzinga Newsdesk
SLAM Corp. is transitioning from Nasdaq to OTC Markets but will continue trading under the same ticker symbols. The company remains committed to its business combination with Lynk Global, expecting to list on Nasdaq upon completion.
August 26, 2024 | 8:10 pm
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SLAM Corp. will transition from Nasdaq to OTC Markets, continuing under the same ticker symbols. The business combination with Lynk Global remains unaffected, with plans to list on Nasdaq upon completion.
SLAM Corp.'s transition to OTC Markets is a significant change but does not affect its business combination with Lynk Global. The expectation to list on Nasdaq post-combination suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100