Bigtincan Holdings Ltd has entered a Business Combination Agreement with Investcorp AI Acquisition Corp to list its business on Nasdaq via Bigtincan Limited, a newly formed Cayman Islands company. The transaction includes a pre-money equity valuation of $275 million and aims to raise additional funds through institutional investors and debt financing. Shareholders will hold approximately 75% of the new entity, with an option for partial cash election, positioning Bigtincan as a potential global leader in enterprise software.
For further insights into AU:BTH stock, check out TipRanks' Stock Analysis page.