When the expected transaction is completed in the fourth quarter, it is expected to move to the listed company Boxin SE (Integrated company) said in a release from Tonis. The company will continue to be regulated Marcus Stall And Patrick Fassbender, Co-founders and co-CEOs. Both will remain shareholders in the joint venture.

468 SPAC I SE Frankfurt is a Special Purpose Acquisition Company (SPAC) listed on the Stock Exchange. Under SPAC A company that raises money to make one or more acquisitions on the stock exchange. The vehicle is released by a sponsor who selects the acquisition target. In the case of the box, they are Alexander Kudlich, Ludwig Ernstaller, Florian Libert, 468 Founders of Capital.

The merger with 468 SPAC I SE will enable Box to accelerate its global expansion plans and continue its previous success in the DACH region, the United Kingdom, Ireland and the USA, as well as its product and platform expansion. Extension of Tony’s Originals How the Cosmo Dog is guided. In addition, the company will be able to open new product areas and take advantage of sales opportunities. After the establishment of the Innovation Center Tonylab In January 2021, Boxin is set to launch a number of new and exciting products in the coming months and years.