Aries I Acquisition Corp - Ordinary Shares - Class A

NASDAQ:RAM   3:48:11 PM EDT
9.98
0.00 (-0.01%)
Debt Financing / Related, Exchange Changes, Mergers / Acquisitions

Infiniteworld, Announces Plans To Become A Publicly Traded Company Via A Merger With Aries I Acquisition Corporation

Published: 12/13/2021 12:12 GMT
Aries I Acquisition Corp - Ordinary Shares - Class A (RAM) - Infiniteworld, a Leading Metaverse Infrastructure Platform for Brands, Announces Plans to Become a Publicly Traded Company Via a Merger With Aries I Acquisition Corporation.
Aries I Acquisition Corp - Deal for Pro Forma Equity Value of Approximately $700 Million.
Aries I Acquisition Corp - Combined Company is Expected to Be Listed on Nasdaq Global Select Market Under Ticker Symbol "jpg".
Aries I Acquisition Corp - Infiniteworld's Stockholders Will Roll 100% of Their Existing Equity Into Transaction.
Aries I Acquisition Corp - Infiniteworld Owns Cryptocurrencies Valued at Approximately $93 Million Based on Recent Prices on Coinbase.
Aries I Acquisition Corp - Infiniteworld Stockholders and Aries Sponsor Have Agreed to Customary Lock-up Terms.
Aries I Acquisition Corp - Business Combination is Expected to Close in First Half of 2022.