Andina Acquisition III logo

ANDA - Andina Acquisition III News Story

$10.27 0.1  0.5%

Last Trade - 13/04/21

Sector
Financials
Size
Small Cap
Market Cap £181.3m
Enterprise Value £181.1m
Revenue £n/a
Position in Universe 4337th / 6841

BRIEF-Stryve Foods LLC To List On Nasdaq Through Business Combination With Andina Acquisition Corp III

Thu 28th January, 2021 12:33pm
Jan 28 (Reuters) - Andina Acquisition Corp III  ANDA.O :
    * STRYVE FOODS LLC, AN EMERGING HEALTHY SNACKING PLATFORM,
TO LIST
ON NASDAQ THROUGH BUSINESS COMBINATION WITH ANDINA ACQUISITION
CORP. III
    * ANDINA ACQUISITION CORP III - TRANSACTION IMPLIES A
POST-MONEY
ENTERPRISE VALUATION FOR COMBINED COMPANY OF ABOUT $170 MILLION
AT CLOSING
    * ANDINA ACQUISITION CORP III - ANTICIPATED THAT COMBINED
COMPANY
WILL HAVE $58 MILLION OF NET CASH PROCEEDS
    * ANDINA ACQUISITION CORP III - ANDINA AND STRYVE RAISED
OVER $50
MILLION OF FULLY COMMITTED CAPITAL
    * ANDINA ACQUISITION CORP III - COMBINED COMPANY WILL BE
NAMED
STRYVE FOODS, INC. AND REMAIN LISTED ON NASDAQ UNDER TICKER SNAX
    * ANDINA ACQUISITION CORP III - STRYVE SIMULTANEOUSLY HAS
SECURED
A $10.6 MILLION BRIDGE NOTE OFFERING

Source text for Eikon:  ID:nGNXmbPSH 
Further company coverage:  ANDA.O 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.