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DD3 Acquisition Corp (DDMX.OQ)

DDMX.OQ on NASDAQ Stock Exchange Capital Market

10.21USD
17 Jan 2020
Change (% chg)

$0.00 (+0.00%)
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Volume
23,195
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$10.33
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Latest Key Developments (Source: Significant Developments)

DD3 Acquisition Corp. Announces It Has Entered Into A Definitive Agreement To Merge With Betterware
Monday, 5 Aug 2019 

Aug 5 (Reuters) - DD3 Acquisition Corp ::DD3 ACQUISITION CORP. ANNOUNCES IT HAS ENTERED INTO A DEFINITIVE AGREEMENT TO MERGE WITH BETTERWARE.DD3 ACQUISITION CORP - TRANSACTION IMPLIES AN INITIAL ENTERPRISE VALUE OF APPROXIMATELY US$367 MILLION.DD3 ACQUISITION CORP - COMBINED COMPANY WILL OPERATE AS "BETTERWARE" AND IS EXPECTED TO REMAIN PUBLICLY LISTED ON NASDAQ.DD3 ACQUISITION CORP - LUIS CAMPOS, CHAIRMAN OF BETTERWARE, AND ANDRES CAMPOS, CEO OF BETTERWARE, WILL CONTINUE TO RUN COMBINED COMPANY.DD3 ACQUISITION CORP - CURRENT BETTERWARE SHAREHOLDERS WILL ROLL OVER MOST OF THEIR EQUITY STAKES AND WILL REMAIN MAJORITY OWNERS OF COMBINED COMPANY.DD3 ACQUISITION - MARTIN WERNER, CEO & CHAIRMAN OF DD3, GUILLERMO ORTIZ, BOARD MEMBER OF DD3, EXPECTED TO JOIN COMBINED COMPANY'S BOARD OF DIRECTORS.DD3 ACQUISITION CORP - CO'S CEO MARTIN WERNER AND GUILLERMO ORTIZ, BOARD MEMBER OF CO, ARE EXPECTED TO JOIN COMBINED CO'S BOARD.DD3 ACQUISITION CORP - CURRENT BETTERWARE SHAREHOLDERS ANTICIPATED TO OWN ABOUT 80% STAKE OF COMBINED COMPANY AT CLOSING.DD3 ACQUISITION CORP - FOR TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q4 OF 2019.DD3 ACQUISITION CORP - 20% OWNERSHIP OF COBINED COMPANY TO BE HELD BY PUBLIC INVESTORS AND DD3.  Full Article

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