Worth tuning in tomorrow20 Jan 2022 21:01
Public disclosure of inside information in accordance with article 17(1) of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation)
AMSTERDAM, Jan. 20, 2022 (GLOBE NEWSWIRE) -- European FinTech IPO Company 1 B.V. (“EFIC1”), a special purpose acquisition company (SPAC) incorporated under the laws of the Netherlands and listed on Euronext Amsterdam (symbol: EFIC1 and EFICW), announced on 13 December 2021 in a joint press release with Azerion Holding B.V. (“Azerion”), a high-growth digital entertainment and media company, that they have reached an agreement to create a business combination (the “Business Combination”), pursuant to which EFIC1 will acquire 100% of the issued and outstanding share capital of Azerion. The rationale for the Business Combination, the envisaged structure of the transaction and additional information regarding Azerion and the Business Combination is further described in the aforementioned joint press release, the shareholder circular and the investor presentation, which are available on EFIC1’s website (www.efic1.com).
EFIC1 and Azerion will host an update call for the shareholders of EFIC1 on 21 January 2022 at 14:00 CET / 13:00 GMT via webcast to discuss the proposed transaction and Azerion’s new business update as announced by Azerion today (see https://www.azerion.com/press_releases/). The webcast will be accessible via EFIC1’s website: www.efic1.com, via the Shareholder Webcast tab on that website.
ABOUT AZERION
Azerion operates a high-growth, EBITDA profitable digital entertainment and media platform. It is a content-driven, technology and data company, serving consumers, digital publishers, advertisers and game creators globally. Azerion is engaged in a number of interrelated operating activities including providing technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers and game creators as well as developing, publishing, distributing and operating online social and casual games and digital content.