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Investcorp India Acquisition Corp. Class A ( (IVCA) ) has issued an announcement.
Bigtincan Holdings Limited has caught the attention of Investcorp India Acquisition Corp., which has tabled a non-binding proposal for a significant business combination valued at roughly $275 million. This proposed deal could see Bigtincan’s shareholders owning up to 75% of a new entity formed for listing on NASDAQ, while also providing them an option to receive cash instead of shares. As the company continues to weigh this proposal against another from Vector Capital Management, shareholders have been advised to hold steady as these discussions may not guarantee a transaction.
For an in-depth examination of IVCA stock, go to TipRanks’ Stock Analysis page.
