Welcome to our dedicated page for Artemis Strategic Investment Corporation news (Ticker: ARTE), a resource for investors and traders seeking the latest updates and insights on Artemis Strategic Investment Corporation stock.
Artemis Strategic Investment Corporation (NASDAQ: ARTE) is a special purpose acquisition company (SPAC) formed in 2021. It was established to merge, acquire, or reorganize with one or more businesses. Focused on the gaming, hospitality, and entertainment industries, Artemis is targeting sectors including live events, family entertainment, casino gaming, destination hospitality, sports, sports betting, iGaming, and social and casual mobile games. The company also explores business-to-business platforms that support these sectors.
Recently, Artemis made headlines with its proposed extension to complete a business combination, detailed in a Proxy Supplement filed on June 20, 2023. If approved, this extension would allow Artemis till April 4, 2024, to finalize a business combination, backed by contributions from Artemis Sponsor, LLC.
In a significant move, Artemis announced a business combination with Danam Health, Inc., a health services technology and pharmaceutical distribution company. Upon completion, the combined entity will be renamed Danam Health Holding Corporation and listed on Nasdaq under new ticker symbols. This merger highlights Artemis' commitment to diversifying into transformative technology companies.
Artemis is led by a highly experienced management team, including Holly Gagnon, Philip Kaplan, Thomas Granite, and Scott Shulak, each bringing decades of expertise in operating and advising businesses in various sectors.
The company ensures transparency with its stockholders and the public, adhering to SEC regulations and seeking approval for key business decisions. Stockholders can participate in virtual meetings and are encouraged to stay informed via the company's filings and announcements.
Novibet has announced significant expansion efforts in North America, highlighting a new agreement with Caesars Entertainment for a branded online gambling service in New Jersey. This follows a similar deal in Pennsylvania. Additionally, Novibet has partnered with Big Bola Casinos to access Mexico's iGaming market, aiming to launch Novibet.mx in late 2022. Analysts predict Mexico’s online gaming market could reach $1 billion by 2026. The company is also advancing its entry into Ontario, Canada, with a planned launch contingent on regulatory approvals. The proposed business combination with Artemis is expected to close in 2022.
Novibet, an established iGaming and Online Sportsbook provider, announced new senior management appointments and the future Board of Directors composition following its merger with Artemis Strategic Investment Corporation (Nasdaq:ARTE). Key appointments include Christoforos Bozatzidis as CMO for International Markets and Thomas Granite as CFO. The new leadership aims to enhance Novibet's expansion into regulated markets across Europe, North America, and Latin America. The business combination is expected to close in H2 2022, pending shareholder approval.
Artemis Strategic Investment Corporation (Nasdaq: ARTE) and Novibet announce a definitive agreement for a business combination valued at approximately
Artemis Strategic Investment Corporation announced that beginning on or about November 22, 2021, holders of its units can separately trade the shares of Class A common stock under the symbol ARTE and warrants under ARTEW. Units not separated will continue trading under the symbol ARTEU. Holders must contact the Company's transfer agent to initiate the separation. The company is a blank check entity looking to merge or acquire businesses primarily in the gaming, hospitality, and entertainment sectors, with a focus on technology companies in these industries.
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