Jaguar Global And GLAAM/Captivision Announce Closing Of Business Combination

Jaguar Global Growth Corporation I (NASDAQ:JGGC, JGGCR, and JGGCW))))) ("Jaguar Global"), GLAAM, Co., Ltd. ("GLAAM" or "the Company"), a leading designer and manufacturer of architectural media glass, and Captivision Inc. ("Captivision"), today announced the successful closing of their previously announced business combination (the "Business Combination"). The Business Combination was approved at a special meeting of Jaguar Global stockholders on September 27, 2023 and was completed today, November 15, 2023.

 

The parent public company resulting from the Business Combination will be named "Captivision Inc." Captivision's ordinary shares and public warrants are expected to begin trading on November 16, 2023 on the Nasdaq Global Market under the ticker symbols "CAPT" and "CAPTW," respectively.

"Becoming a publicly listed company on the Nasdaq is an important milestone for Captivision as we work to rapidly expand our global footprint and transform buildings into massive media devices," said Ho Joon Lee, Co-Founder of GLAAM. "With our proprietary and patent-protected G-Glass, we believe Captivision is well positioned to generate sustainable growth across sectors and geographies."

Gary Garrabrant, Chairman and CEO of Jaguar Global, commented: "We are thrilled to complete our business combination to create Captivision and privileged to join forces with Ho Joon and his team. Captivision is a revolutionary public company with transformational technology."