FILE PHOTO: A man wears a mask as he walks near the New York Stock Exchange (NYSE) in the financial district in New York City, U.S., March 2, 2020. REUTERS/Brendan McDermid
(Reuters) - Advertising technology firm Simplifi Holdings was ready to go public last month at a valuation of close to $2 billion when some investors balked.
The Fort Worth, Texas-based company was seeking to raise around $300 million in financing for its merger with D and Z Media Acquisition Corp, a special purpose acquisition company (SPAC) led by media entrepreneur Betty Liu.
Already a subscriber? Log in
Subscribe now and stand a chance to win prizes worth over RM40,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
