Affinitas Completes Merger With Spark Networks

▤ Summary

Affinitas completed a stock-for-stock merger with Spark Networks to form Spark Networks SE. The combined company will house brands such as EliteSingles, eDarling, JDate, Christian Mingle, JSwipe, and Attractive World across 29 countries and 15 languages. Former EliteSingles shareholders own approximately 75% of the combined company while former Spark Networks shareholders own approximately 25%, and the company began trading American Depository Shares on the NYSE American under the symbol LOV on November 3, 2017. Spark Networks SE named a seven-member board with David Khalil as Chairman and Jeronimo Folgueira as CEO, aiming to leverage increased scale and brand portfolio to improve user experience and drive shareholder value.

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