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SPAC Corner Growth signs merger LOI with cybersecurity provider Noventiq

Feb. 09, 2023 4:27 PM ETCorner Growth Acquisition Corp. (COOL) StockBy: Val Brickates Kennedy, SA News Editor

SPAC - Special Purpose Acquisition Company -- text on a torn dollar bill

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SPAC Corner Growth Acquisition Corp. (NASDAQ:COOL) intends to merge with cybersecurity and digital transformation services provider Noventiq.

Corner Growth said that it had signed a letter of intent and exclusive term sheet for the deal. A definitive agreement is expected in the coming weeks.

Based in the UK, Noventiq is the brand name of Softline Holdings. The company's Global Depository Receipts are traded on the London Stock Exchange.

For more SPAC news, check out SA's SPAC News page.

 

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