Mexican fintech Covalto to merge with SPAC LIV Capital, company valued at $547M

zimmytws Mexican fintech Covalto plans to go public through a merger with SPAC LIV Capital Acquisition Corp. II (NASDAQ:LIVB) that pegs the pro forma enterprise value of the company at $547M. The deal, which is slated to close Q1 2023, is expected to generate gross proceeds of $177M for Covalto, assuming to redemptions by LIVB … Read more