- Global logistics provider and e-commerce enabler, MNG Havayollari ve Tasimacilik to become publicly traded via a business combination with Golden Falcon Acquisition ( NYSE: GFX ), a special purpose acquisition company.
- The transaction is expected to close in H1 2023, after which MNGA will be listed on NYSE under the new ticker symbol “MNGA”. As a public company.
- MNGA is expected to gain increased financial flexibility, and to be well positioned to unlock new growth avenues and maximize value creation.
- Ali Sedat Özkazanc, CEO commented, “We see significant value creation potential from becoming a publicly listed company in the U.S., with the expectation that it will enable transformative commercial agreements, create an acquisition currency, and align management incentives with shareholders.”
For further details see:
MNG Airlines to go public through business combination with Golden Falcon Acquisition