Welcome to our dedicated page for NMMC news (Ticker: NMMC), a resource for investors and traders seeking the latest updates and insights on NMMC stock.
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Corcentric has entered a definitive agreement with North Mountain Merger Corp. (NMMC) for a business combination, aiming to make Corcentric a publicly listed company. This transaction is valued at approximately $1.2 billion and is expected to close in Q2 2022, pending shareholder approval. Corcentric, with a robust platform processing over $100 billion annually, anticipates growth through new customer acquisitions and international expansion post-merger. Current shareholders will own about 81% of the combined entity's equity.
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