Silver Spike Acquisition Corp - Ordinary Shares - Class A

NASDAQ:SSPK  
14.75
+0.77 (+5.51%)
Exchange Changes, Mergers / Acquisitions, Equity Financing / Related

WWM Holding Company LLC to List on Nasdaq Through Merger With Silver Spike Acquisition Corp

Published: 12/10/2020 12:27 GMT
Silver Spike Acquisition Corp - Ordinary Shares - Class A (SSPK) - Wm Holding Company, Llc, the Leading Technology Platform to the Cannabis Industry, to List on Nasdaq Through Merger With Silver Spike Acquisition Corp.
Silver Spike Acquisition Corp - Estimated Post Transaction Equity Value of Combined Company is Approximately $1.5 Billion.
Silver Spike Acquisition - Combined Co Will Be Led by Chris Beals, CEO of Wmh, and is Expected to Remain Listed on Nasdaq Stock Market.
Silver Spike Acquisition - Transaction to Provide Up to $575 Million of Gross Proceeds Including $325 Million Through Fully-committed Stock Pipe at $10.00/share.
Silver Spike Acquisition Corp - Wm Holding's Executive Officers Will Retain 100% of Their Equity in Combined Company.
Silver Spike Acquisition Corp - Transaction Has Been Unanimously Approved by Boards of Directors of Wmh and Silver Spike.
Silver Spike Acquisition Corp - Silver Spike's CEO and Chairman, Scott Gordon, Will Join Merged Co's Board Upon Completion of Transaction.