The deal with Social Leverage Acquisition Corp I is expected to fetch up to $345 million in proceeds from the special purpose acquisition company's (SPAC) trust account, assuming no redemptions.
W3BCLOUD has commitments for $40 million from ConsenSys, SK Inc and others for new investments and has also struck an agreement with AMD<\/a> for an additional equity investment of $10 million, each of which is subject to certain conditions.
Founded in 2018, the company is betting on the growing popularity of Web3 by providing storage and computing infrastructure to power the decentralized economy.
Web3 is used to describe a potential next phase of the internet<\/a> - a decentralized web run on blockchain technology.
Still, the announcement comes at a difficult time for the SPAC market, once Wall Street's hottest trend when it peaked during 2020 and early 2021, and currently finds itself facing regulatory hurdles and investor distrust amid volatile capital markets and poor share performance of popular firms.
SPACs are publicly listed companies raised with the intention of merging with a private company, which goes public through the merger and is seen as an alternative to an IPO.
After the deal closes, the combined operating entity will be led by Sami Issa, chief executive of W3BCLOUD, while Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, will remain on the board of directors.
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科技公司通过12.5亿美元的SPAC协议W3BCLOUD上市
从ConsenSys W3BCLOUD已经承诺4000万美元,SK公司和其他新的投资,也达成了一个协议与AMD的一个额外的1000万美元的股权投资,其中每个特定条件。
W3BCLOUD,一个技术合资企业高级微设备,ConsenSys和它的创始人,周一同意在美国上市与无偿公司通过合并协议,合并后的公司的估值为12.5亿美元,包括债务。
处理社会杠杆收购公司我将卖到3.45亿美元收入的特殊目的收购公司(SPAC)信托帐户,假设没有赎回。
从ConsenSys W3BCLOUD已经承诺4000万美元,SK公司和其他新的投资,也达成了一项协议AMD为一个额外的1000万美元的股权投资,每一个都是受到某些条件。
成立于2018年,公司押注的日益流行Web3通过提供存储和计算基础设施分散的经济权力。
Web3用于描述一个潜在的下一个阶段互联网——一个分散的网络上运行区块链技术。
不过,宣布SPAC市场所面临的困难时期,一旦华尔街最热门的趋势时,在2020年达到顶峰,2021年初,和目前发现自己面临着监管障碍和投资者不信任在动荡的资本市场和大众公司的股票表现不佳。
特定目标是上市公司筹集的意图与私人公司合并,通过并购和上市被视为替代IPO。
该交易完成后,结合操作实体将由萨米伊萨,W3BCLOUD首席执行官约瑟夫·卢宾,ConsenSys创始人兼联合创始人Ethereum,仍将在董事会。
处理社会杠杆收购公司我将卖到3.45亿美元收入的特殊目的收购公司(SPAC)信托帐户,假设没有赎回。
从ConsenSys W3BCLOUD已经承诺4000万美元,SK公司和其他新的投资,也达成了一项协议AMD为一个额外的1000万美元的股权投资,每一个都是受到某些条件。
成立于2018年,公司押注的日益流行Web3通过提供存储和计算基础设施分散的经济权力。
Web3用于描述一个潜在的下一个阶段互联网——一个分散的网络上运行区块链技术。
不过,宣布SPAC市场所面临的困难时期,一旦华尔街最热门的趋势时,在2020年达到顶峰,2021年初,和目前发现自己面临着监管障碍和投资者不信任在动荡的资本市场和大众公司的股票表现不佳。
特定目标是上市公司筹集的意图与私人公司合并,通过并购和上市被视为替代IPO。
该交易完成后,结合操作实体将由萨米伊萨,W3BCLOUD首席执行官约瑟夫·卢宾,ConsenSys创始人兼联合创始人Ethereum,仍将在董事会。
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