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Stock impact report

Slam Corp. and Lynk Global, Inc. Announce Definitive Business Combination Agreement [Yahoo! Finance]

Slam Corp. - Class A Ordinary Share (SLAM) 
Company Research Source: Yahoo! Finance
Associated capital raise is expected to accelerate manufacturing and secure launches as well as support satellite design and operations NEW YORK, February 05, 2024 BUSINESS WIRE Lynk Global, Inc . ("Lynk"), the world's leading satellite-direct-to-standard-phone ("sat2phone") telecoms provider, and Slam Corp. (NASDAQ: SLAM), a special purpose acquisition company ("Slam"), today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement") under which Slam will combine with Lynk. Upon completion, the combined company will operate as Lynk Global Holdings, Inc. and its common stock is expected to be publicly listed on Nasdaq under the ticker symbol "LYNK". Charles Miller, CEO of Lynk, said, "With technology proven on all seven continents, and 36 full commercial contracts with partners that currently provide coverage to hundreds of millions of subscribers in approximately 50 countries, Lynk has the potential to provide continu Show less Read more
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