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Add one to the SPAC pile, London’s Babylon Health announces $4.2 billion merger with Alkuri Global Acquisition Corp. June 3rd, 2021. Just when you thought the SPAC had been played out, London-based healthtech Babylon confirms the rumours and announces its plan to go public via a $4.2 billion merger with Alkuri Global Acquisition Corp, formerly known as Ark Global Acquisition Corp. The transaction is expected to close in the second half of 2021, subject to approval by Alkuri Global’s shareholders and other normal closing conditions, including any applicable regulatory approvals. Babylon will list on the Nasdaq under the symbol BBLN. Babylon Health founder and CEO Dr. Ali Parsa will become the Chairman and CEO of the combined entity, with a representative from Alkuri Global joining the board. ....
New brand name aims to better align technology SPAC with broader sponsor investment funds and strategy Alkuri Global Acquisition Corp (NASDAQ:KIRIU) Alkuri means ‘to run toward,’ which reflects our belief that high-growth startups and technology companies need faster, more flexible and efficient paths to fundraising and the public capital markets” Rich Williams, CEO AlkuriNASHVILLE, TENN, USA, March 5, 2021 /EINPresswire.com/ Ark Global Acquisition Corp. today announced that it has changed its name to Alkuri Global Acquisition Corp. and its ticker symbol from ‘ARKIU’ to ‘KURIU’ following customary regulatory approvals. The change is expected to take effect on March 8, 2021 when units will begin trading on NASDAQ under the new name Alkuri Global Acquisition Corp. and ticker symbol ‘KURIU’. Upon separation of units into shares and warrants, shares will trade under the ticker symbol ‘KURI’ and warrants will trade under the ticker symbol and ‘KU ....
Ark Global Acquisition Corp. Announces Pricing of Upsized $300,000,000 Initial Public Offering einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.