A Proposed Merger Valued at $572 M Between Braiin and NRAC (NASDAQ:NRAC) and Form F-4 Has Been Jointly Filed With the SEC
Summary
SYDNEY, Australia--(BUSINESS WIRE)--A registration statement on Form F-4 (the “Registration Statement”), which contains a preliminary proxy statement/prospectus, has been filed with the U.S. Securities and Exchange Commission (“SEC”) in connection with the proposed business combination between Northern Revival Acquisition Corporation (“NRAC”), a publicly traded special purpose acquisition company, and Braiin Limited, an Australian technology company. As a high-growth, EBITDA-positive tech company, we believe going public will enhance the visibility and adoption of our products and service,” Braiin Chief Executive Officer Natraj Balasubramanian said. Braiin’s expertise spans artificial intelligence and machine learning (“AI/ML”), robotics, internet of things (“IoT”), and mission-critical enterprise software and hardware applications. The team is composed of seasoned executives with a unique combination of experiences in wholesale and retail, logistics, distribution, technology development and transformation, investing, banking, and capital markets. Shareholders will also be able to obtain copies of the Proxy Statement/Prospectus, without charge, at the SEC’s website at www.sec.gov or by directing a request to: Northern Revival Acquisition Corporation, 4001 Kennett Pike, Suite 302, Wilmington, Delaware, 19807.