Bigtincan Holdings Ltd (AU:BTH) has released an update.
Bigtincan Holdings Ltd has entered a Business Combination Agreement with Investcorp AI Acquisition Corp to list its business on Nasdaq via Bigtincan Limited, a newly formed Cayman Islands company. The transaction includes a pre-money equity valuation of $275 million and aims to raise additional funds through institutional investors and debt financing. Shareholders will hold approximately 75% of the new entity, with an option for partial cash election, positioning Bigtincan as a potential global leader in enterprise software.
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