Noventiq, a global digital transformation and cybersecurity services provider, and Corner Growth Acquisition Corp., a special purpose acquisition company, have entered into a business combination agreement.
The proposed business combination is expected to provide Noventiq with improved access to new sources of capital, drive M&A opportunities and expand its reach and capabilities in technology development in cybersecurity, generative-AI and other products and tools. The combined company will operate under the same management team, including Hervé Tessler, chief executive officer, and Sergey Chernovolenko, president and chief operating officer. The combined company is expected to be listed on Nasdaq under the symbol “NVIQ.”
“We are proud to collaborate with the incredible team at Corner Growth on this transaction and are confident that it will propel our efforts globally and open a pathway for a broader set of public investors to participate in our important work,” states Tessler.