NAAC /
TeleSign
NAAC and TeleSign set out business combination plan
- Terms
- Not stated
- Stage
- Agreement signed
What happened
NAAC and TeleSign are parties to a Business Combination Agreement dated Dec. 16, 2021. The proposed combination includes a share purchase by New Holdco from Belgacom International Carrier Services SA/NV.
The filing describes TeleSign as providing digital identity services. The agreement provides for up to 115,512,500 shares of New Holdco Common Stock and $1,000 in cash as consideration.
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NAAC and TeleSign set out business combination plan
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