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的聯席主席兼首席執行官田東元表示：「在考慮到當前市場環境後，Corner Growth和Noventiq團隊已經互相同意終止交易。這項決定與我們共同致力於爲所有利益相關者創造最大價值的承諾相一致。我們相信，Noventiq目前處於私有公司的良好地位，並且Corner Growth團隊將繼續警惕，以尋找爲股東創造價值的機會，並且對我們能夠確定交易成功的替代途徑充滿信心。」