ARCL acquisition deal values pro forma EV at about $1.091B
ARC Group Acquisition I reported a deal valuation for Firstborn with a top cap at a pro forma enterprise value of about $1.091B for ARCLU.
Story updates
09:24:35 PM UTC
SquawkNews
ARC Group Acquisition I entered into a Share Purchase Agreement to combine with Firstborn Top Capital, valuing the transaction at $1.0 billion subject to customary adjustments. All Firstborn shares will be exchanged for ARC Group Acquisition I Class A shares at the redemption price, and the company…
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