Brief: RealWear To Become A Publicly Traded Company Via Business Combination With Cascadia Acquisition Corp
06/02/2023 16:14
Feb 6 (Reuters) - Cascadia Acquisition Corp CCAI.O :
* REALWEAR, INC. HAS ENTERED INTO AN AGREEMENT TO BECOME A
PUBLICLY TRADED COMPANY VIA A BUSINESS COMBINATION TRANSACTION
WITH CASCADIA ACQUISITION CORP.
* CASCADIA ACQUISITION CORP - REALWEAR’S PRE-TRANSACTION
EQUITY
VALUED AT $323 MILLION
* CASCADIA ACQUISITION CORP - UPON CLOSING OF PROPOSED
TRANSACTION, COMBINED CO WILL BE NAMED REALWEAR, INC. AND IS
EXPECTED TO TRADE ON NASDAQ
* CASCADIA ACQUISITION CORP - COMBINED COMPANY IS EXPECTED
TO HAVE
A POST-TRANSACTION ENTERPRISE VALUE OF $375.5 MILLION
Source text: (https://bit.ly/3XnjWxH)
Further company coverage: CCAI.O
((Reuters.Briefs@thomsonreuters.com;))
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