SPAC DEAL Review North Atlantic Acquisition Corp NAAC Stock Bringing TeleSign Public

2 years ago
24

North Atlantic Acquisition Corp
NAACU

TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public
TeleSign, a Leader in Digital Identity and CPaaS Software Solutions for Global Enterprises, Intends to go Public at an Enterprise Value of $1.3 Billion via a Business Combination with North Atlantic Acquisition Corporation

Total capital raised to be up to approximately $487 million including proceeds from North Atlantic Acquisition Corporation and a $107.5 million PIPE

TeleSign is a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the digital economy. TeleSign does this via its unique software platform developed over 15 years and continually enhanced via its machine learning algorithm

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