WWAC - Worldwide Webb Acquisition gets shareholder nod for proposed merger with Aeries Technology
2023-11-02 16:59:32 ET
- Worldwide Webb Acquisition Corp ( NASDAQ: WWAC ) Thursday announced shareholder approval for its proposed business combination with Singapore-based Aeries Technology.
- The SPAC had announced its plans to merge with professional services and business consulting group Aries Technology earlier in the year.
- Aries is a subsidiary of Aark Singapore Pte., and the deal estimates the market capitalization of the combined company at around $656M.
- The closing of the business combination is anticipated to occur on or about November 6.
- Following the closing, the combined company would operate as Aeries Technology.
- Source: Press Release
For further details see:
Worldwide Webb Acquisition gets shareholder nod for proposed merger with Aeries Technology