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Stock impact report

Springbig announces changes in its board of directors following the completion of its $8.0 million debt financing with a syndicate of lenders

SpringBig Holdings, Inc. (SBIG) 
Company Research Source: GlobeNewswire
BOCA RATON, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. (“Springbig,” “we,” “our” or the “Company”) (OTCQX: SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced changes in its board of directors following completion on January 23, 2024, of its $8.0 million debt financing with a syndicate of lenders. The Company announced that Matt Sacks, Co-Managing Partner of Lightbank, and Shawn Dym, a co-lead investor in the debt financing through Shalcor Management Inc., have both joined the board of directors. Matt Sacks brings extensive experience investing in technology businesses from his role as Co-Managing Partner of Lightbank, and previously as a Principal at New Enterprise Associates. Matt is also the Founder and Executive Chairman of Luminary Media, a podcasting company he founded in 2018. He started his career as a member of the Technology, Media and Telecom in Show less Read more
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