Brief: Wavetech Group, Inc To List On Nasdaq Through Merger With Welsbach Technology Metals Acquisition Corp.
01/11/2022 10:08
Nov 1 (Reuters) - Welsbach Technology Metals Acquisition
Corp WTMA.O :
* WAVETECH GROUP, INC., AN INNOVATIVE BATTERY TECHNOLOGY
COMPANY,
TO LIST ON NASDAQ THROUGH BUSINESS COMBINATION WITH WELSBACH
TECHNOLOGY METALS ACQUISITION CORP.
* WELSBACH TECHNOLOGY METALS ACQUISITION CORP - PRO FORMA
ENTERPRISE VALUE OF COMBINED COMPANY IS EXPECTED TO BE
APPROXIMATELY $228 MILLION
* WELSBACH TECHNOLOGY METALS ACQUISITION - COMBINED CO
EXPECTED TO
BE RENAMED WAVETECH GROUP & REMAIN LISTED ON NASDAQ UNDER
PROPOSED TICKER SYMBOL WTG
* WELSBACH TECHNOLOGY METALS ACQUISITION - COMBINED CO TO
CONTINUE
TO BE LED BY WAVETECH FOUNDER, DAG A. VALAND, AS CEO AND
CHAIRMAN
Source text for Eikon: ID:nGNX9NHFL7
Further company coverage: WTMA.O
((Reuters.Briefs@thomsonreuters.com;))