4/7/2024, 7:46:03 pm

UK-based IT firm Noventiq scraps SPAC deal to list on Nasdaq

Noventiq, a London-based IT firm, and Corner Growth Acquisition, a special purpose acquisition company (SPAC), have mutually terminated their blank-check deal, citing unfavorable SPAC market conditions and other factors. The deal would have resulted in Noventiq listing on Nasdaq. The company has decided to remain private, citing it as the right decision for now.