Brief: Velocium Inc. To Go Public On Nasdaq Via Merger With Maquia Capital Acquisition Corp.
20/07/2024 01:58
July 19 (Reuters) - Maquia Capital Acquisition Corp
MAQC.O :
* VELOCIUM, INC., A HIGH PERFORMANCE COMPUTE COMPANY
OPTIMIZED FOR
AI, TO GO PUBLIC ON NASDAQ VIA MERGER WITH MAQUIA CAPITAL
ACQUISITION CORP.
* VELOCIUM- TRANSACTION VALUES COMPANY AT $445,000,000
* VELOCIUM- COMPANY WILL CONTINUE TO BE HEADQUARTERED IN
MIAMI,
FLORIDA AND LED BY ITS CEO, DANIEL KOCHIS
* VELOCIUM- UPON CLOSING, SURVIVING COMPANY IS EXPECTED TO
BE
NAMED VELOCIUM WITH COMMON STOCK TRADING ON NASDAQ UNDER SYMBOL
OF "VAI"
Source text for Eikon: ID:nGNX4yrZYX
Further company coverage: MAQC.O
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