Social Leverage Acquisition Corp I to Combine With W3BCLOUD Holdings (SPAC De-SPAC)

August 1, 2022

Social Leverage Acquisition Corp I (SLAC) has entered into a definitive business combination agreement with W3BCLOUD Holdings Inc. to take W3BCLOUD public. The transaction values the combined company at an enterprise value of $1.25 billion and is expected to close in the fourth quarter of 2022, subject to regulatory approvals and SLAC shareholder approval.

Buyers
Social Leverage Acquisition Corp I
Targets
W3BCLOUD Holdings Inc.
Industry
Data & Analytics
Location
Arizona, United States
Transaction Type
Buyout

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