Relativity Acquisition Corp signs LOI for $500M merger with Mazaii Corp Ltd.
Acquiring Company
Relativity Acquisition
Acquired Company
Mazaii Ltd
Las Vegas
MontrealSoftwareArtificial IntelligenceVenture CapitalGamingGamblingDescription
Relativity Acquisition Corp. has signed a letter of intent for a proposed business combination with Mazaii Corp Ltd., a Montreal-based innovator in the iGaming industry. The transaction values Mazaii at an initial enterprise value of U.S. $500 million, positioning Relativity to acquire 100% of Mazaii's outstanding equity and equity equivalents.
Quick answer
Relativity Acquisition is acquiring Mazaii Ltd for $500 million, announced July 11, 2024. Relativity Acquisition is based in Las Vegas, Nevada, United States.
- How much did Relativity Acquisition pay for Mazaii Ltd?
- The reported deal value is $500 million.
- What does Relativity Acquisition do?
- Relativity Acquisition Corp. is a special purpose acquisition company designed to facilitate mergers and acquisitions.
- Where are Relativity Acquisition and Mazaii Ltd based?
- Relativity Acquisition is based in Las Vegas, Nevada, United States. Mazaii Ltd is based in Montreal, Quebec, Canada.
Source: Fundz verified event record.
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Who to call at Relativity Acquisition, and when
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Frequently asked
Who acquired Mazaii Ltd?
Mazaii Ltd was acquired by Relativity Acquisition, based in Las Vegas. The deal was reported on July 11, 2024. Relativity Acquisition Corp. is a special purpose acquisition company designed to facilitate mergers and acquisitions. It provides a platform for innovative companies to access public markets. Relativity Acquisition is privately held and operates in Software.
When did Relativity Acquisition acquire Mazaii Ltd?
Relativity Acquisition's acquisition of Mazaii Ltd was reported on July 11, 2024. Relativity Acquisition Corp. has signed a letter of intent for a proposed business combination with Mazaii Corp Ltd., a Montreal-based innovator in the iGaming industry. The transaction values Mazaii at an initial enterprise value of U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mazaii Ltd do?
Mazaii Corp Ltd. is a Montreal-based innovator in the iGaming industry, specializing in the creation and distribution of cutting-edge online casino games and betting solutions. It is privately held, operating in Gaming, and is based in Montreal.
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