DD3 Acquisition II stockholders voted in favor of the proposed business combination with Codere Online, a gaming and sports betting operator in Latin America.
The transaction is expected to close Nov. 30, after which shares and warrants of Codere Online Luxembourg are expected to begin trading on the Nasdaq under CDRO and CDROW. Codere will be the first publicly-listed online gaming operator in Latin America
The SPAC did not disclose redemption figures in either the news release or a subsequent 8-K filing, noting only that the minimum cash condition to close the deal had been met. As announced in June, the deal called for a minimum cash payment of $77 million. Read more.
