North Atlantic Acquisition Corp - Ordinary Shares - Class A

NASDAQ:NAAC  
9.84
-0.02 (-0.20%)
Exchange Changes, Other Pre-Announcement

TeleSign And North Atlantic Acquisition Corporation Announce Business Combination

Published: 12/16/2021 22:23 GMT
North Atlantic Acquisition Corp - Ordinary Shares - Class A (NAAC) - Telesign and North Atlantic Acquisition Corporation Announce Business Combination and Intent to Go Public.
North Atlantic Acquisition Corp - Telesign Secured $107.5 Million in Pipe Financing From a Group of Investors Including Sfpi-fpim As a Key Investor.
North Atlantic Acquisition Corp - Transaction Implies a Pro Forma Telesign Enterprise Value of $1.3 Billion.
North Atlantic Acquisition Corp - With This Transaction, Telesign Expecting to Generate Revenues of $391 Million in 2021.
North Atlantic Acquisition Corp - Total Capital Raised to Be Up to About $487 Million Including Proceeds From Co and a $107.5 Million Pipe.
North Atlantic Acquisition Corp - With This Transaction, Telesign Revenue Expected Increase to Approximately $1.1 Billion in 2026.
North Atlantic Acquisition Corp - Combined Operating Entity to Be Renamed As "telesign, Inc." and Will Continue to Be Led by Telesign CEO Joe Burton.
North Atlantic Acquisition Corp - Upon Closing, Co to Be Named Telesign, Inc., and Shares of Telesign's Common Stock Are Expected to Trade on Nasdaq.
North Atlantic Acquisition Corp - Naac to Relocate Its Country of Incorporation to US (delaware), Upon Closing of Deal.