Korai Flix to Go Public in $3.5 Billion US SPAC Deal
Korai Flix and APEX Tech Acquisition said the South Korean entertainment platform will go public in the US through a $3.5 billion blank-check deal.
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10:53:37 AM UTC
SquawkNews
APEX Tech Acquisition signed a definitive agreement to merge with Korai Flix in a $3.5 billion all-stock transaction that will redomicile APEX to Delaware and rename the combined company Krflix Group. Korai stockholders will receive New Korai Class A and B shares priced at $10.00 per share equivale…
Korai Flix, a South Korean entertainment platform, will list in the US through a $3.5 billion blank-check transaction with APEX Tech Acquisition (APXBU.O), the companies said on Wednesday.