Tech company with Tampa roots prepares to go public
Summary
AgileThought, a software and technology consulting firm with a major employee base in Tampa, plans to go public through a business combination with LIV Capital Acquisition Corp. LIV is special purpose acquisition corporation, or a “blank check” company set up specifically to acquire another firm. After it closes, the combined company will operate as AgileThought and will remain listed on Nasdaq under the new ticker symbol “AGIL” with an expected market capitalization of about $491 million, a news release said. The Tampa and St. Petersburg region are fantastic locations to have a technology hub, and we augment that with capabilities throughout the Americas,” Manuel Senderos, who is now chairman and CEO of AgileThought, said in an investor presentation on May 10, when the deal was announced. The company is recruiting on average 100 consultants a month and expects that trend to continue through the end of the year, said Jorge Pliego, chief financial officer. The company’s Class A common stock starting trading under the ticker SHAC on the Nasdaq Capital Market in March.