Alpha Capital Acquisition Company filed a registration statement on Form F-4 regarding its proposed business combination with Semantix Tecnologia em Sistema de Informação S.A. Semantix is Latin America’s first fully integrated data software platform, based in Sao Paulo, Brazil. The registration statement includes a preliminary proxy on the merger.
Alpha Capital entered into the business combination agreement with Semantix in November in a deal valued at $693 million.
If approved, Semantix will list on the Nasdaq under the ticker symbol STIX. Alpha Capital in a news release said it has sufficient PIPE and non-redemption commitments to meet the minimum cash condition necessary to complete the deal, which is expected to close in the first half of 2022.
The transaction is funded with $324 million, including $230 million from the Alpha Capital trust as well as a $94 million PIPE. Read more.
