Semantix Completes Business Combination with Alpha Capital (SPAC)

August 3, 2022

Semantix, a Brazil-founded data analytics and AI platform, completed a business combination with Alpha Capital Acquisition Company (Nasdaq: ASPC) and began trading on Nasdaq under the ticker STIX on August 4, 2022. The transaction provides gross proceeds to support Semantix's product portfolio enhancement and international expansion as the company scales across Latin America and beyond.

Buyers
Alpha Capital Acquisition Company
Targets
Semantix, Inc.
Industry
Data & Analytics
Location
São Paulo, Brazil
Transaction Type
Growth capital

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