Reported Thursday, Noventiq And Corner Growth Acquisition Corp. Cancel Merger Citing Challenging SPAC Market Environment
Reported Thursday, Noventiq And Corner Growth Acquisition Corp. Cancel Merger Citing Challenging SPAC Market Environment
Marvin Tien, Co-Chairman & CEO of Corner Growth, said: "After considering the current market environment, the Corner Growth and Noventiq teams have mutually agreed to terminate the transaction. This decision aligns with our shared commitment to maximizing value for all of our stakeholders. We believe that Noventiq is well positioned to thrive as a private company at this time, and the Corner Growth team will continue to be vigilant in our pursuit of value-creating opportunities for our shareholders and are confident in our ability to identify alternative pathways to a successful transaction."
Corner Growth的共同主席兼首席执行官Marvin Tien表示：“在考虑到当前市场环境后，Corner Growth和Noventiq团队相互同意终止交易。这一决定与我们共同的承诺相符，即为我们所有的利益相关者创造最大价值。我们相信，Noventiq在当前时期作为一家私人公司发展具有良好地位，而Corner Growth团队将继续警惕地寻求为股东创造价值的机会，并有信心能够确定通往成功交易的替代路径。”