ARC Group Acquisition I Corp To Be Renamed Bluecrest Investment, And Listed As 'BCIN' On Nasdaq; Datuk Dr. Doris Wong Sing Ee To Lead Bluecrest Investment, As CEO And Executive Director; At Closing, Public Investors To Hold 12.4%, Firstborn Top Capital Shareholders 82.39% Of Combined Company
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Why It Matters
A company called ARC Group is changing its name to Bluecrest Investment and getting new leadership. After the deal closes, the founders will own most of the company while public investors own a small piece.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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