Brief: Agilethought To List On Nasdaq Through A Business Combination With LIV Capital Acquisition Corp

AgileThought

10/05/2021 13:21

May 10 (Reuters) - LIV Capital Acquisition Corp  LIVK.O :
    * AGILETHOUGHT, A PURE-PLAY DIGITAL SOLUTIONS PROVIDER THAT
DELIVERS HIGH-END SOFTWARE DEVELOPMENT AT SCALE, TO LIST ON
NASDAQ THROUGH A BUSINESS COMBINATION WITH LIV CAPITAL
ACQUISITION CORP.
    * LIV CAPITAL ACQUISITION CORP - BUSINESS COMBINATION VALUES
COMBINED CO AT A PROFORMA ENTERPRISE VALUE OF ABOUT $482 MILLION
    * LIV CAPITAL ACQUISITION CORP - FOLLOWING CLOSING OF
TRANSACTION,
COMBINED COMPANY WILL REMAIN LISTED ON NASDAQ UNDER NEW TICKER
SYMBOL "AGIL"
    * LIV CAPITAL ACQUISITION CORP - TRANSACTION IS EXPECTED TO
PROVIDE ABOUT $124 MILLION IN PRIMARY GROSS PROCEEDS TO
AGILETHOUGHT
    * LIV CAPITAL ACQUISITION CORP - TRANSACTION EXPECTED TO
PROVIDE
FULLY COMMITTED $43 MILLION INVESTMENT BY PIPE INVESTORS & LIV
CAPITAL AT $10.00/SHARE
    * LIV CAPITAL ACQUISITION CORP - AGILETHOUGHT'S MANAGEMENT
TEAM
WILL CONTINUE TO LEAD COMBINED COMPANY FOLLOWING TRANSACTION
    * LIV CAPITAL ACQUISITION CORP - EXISTING AGILETHOUGHT
SHAREHOLDERS WILL ROLLOVER 100% OF THEIR EQUITY STAKE & WILL
REMAIN MAJORITY OWNERS OF COMBINED CO

Source text for Eikon:  ID:nBw9LyVrja 
Further company coverage:  LIVK.O 

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