Azerion cluster NV, a digital advertising and diversion company, on Wednesday listed in Amsterdam when its acquisition by a special purpose acquisition company (SPAC) referred to as EFIC1 was completed.
Shares within the new entity listed 2.5% lower at 9.29 euros per share, implying a market capitalization for the corporate of around 1.04 billion euros ($1.17 billion).
Azerion, supported in 2014 and headquartered in Amsterdam, makes software system that automates the acquisition and sale of digital advertising, and conjointly makes on-line games and content.
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