Marwyn Acquisition Company II Ltd. (GB:MAC2) has released an update.
Marwyn Acquisition Company II Ltd (MAC II) has successfully raised £30 million through a placement and subscription of 30 million shares at £1.00 each, aiming to fund the acquisition of InvestAcc, a UK personal pension administrator. The transaction is expected to significantly strengthen MAC II’s position in the UK self-invested pensions market. Shares of MAC II will be admitted to the London Stock Exchange on 4 July 2024, with the potential acquisition marking a reverse takeover and necessitating the publication of a prospectus by 1 July 2024.
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