/PRNewswire/ Media Tech SPAC plc ("MTS" or the "Company"), a company formed to undertake one or more acquisitions in the media and technology sectors, is.
Media Tech SPAC acquires Drylab broadcastnow.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from broadcastnow.co.uk Daily Mail and Mail on Sunday newspapers.
Gunsynd backs £1.64mln Media Tech SPAC fund raise
MTS said it is looking to carry out an IPO on London Stock Exchange during the second half of 2021. e-commerce is one area where MTS is looking
The investment comprises a subscription for 1.25mln shares at 4p and is part of a £1.64 capital raising.
Following the fundraise, MTS will have 82.5mln ordinary shares in issue for a pro-forma equity valuation of approximately £3.3mln.
The SPAC will use the money to carry out its search for a suitable acquisition, which is likely to be in e-commerce, new media and/or immersive experiences sectors.
Med Tech SPAC at the start of an interesting and exciting journey proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Media Tech SPAC at the start of an interesting and exciting journey proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.