Cellebrite DI said its F-4 registration statement in connection with the proposed business combination with TWC Tech Holdings II has been declared effective by the SEC.
TWC shareholders are set to vote on the deal Aug. 27.
Cellebrite offers technology solutions to aid law enforcement in criminal investigations, such as software and hardware for hacking into locked smart phones.
Announced in April, the Israel-based tech firm plans to merge with the SPAC for $580 million in cash, including a $300 million PIPE.
If shareholders approve the deal, following the merger Cellebrite will list on the Nasdaq under CLBT. The pro forma implied equity value of Cellebrite post-merger is expected to be approximately $2.4 billion. Read more.
