Reported Thursday, Noventiq And Corner Growth Acquisition Corp. Cancel Merger Citing Challenging SPAC Market Environment

Author: Benzinga Newsdesk | July 05, 2024 02:08am

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."

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