AgileThought, a Global Provider of Digital Transformation Services, Announces Completion of Business Combination with LIV Capital Acquisition Corp.
Summary
IRVING, Texas--(BUSINESS WIRE)--LIV Capital Acquisition Corp. ("LIVK" or the "Company") (NASDAQ: LIVK), a special purpose acquisition company, and AgileThought, Inc. ("AgileThought"), a global provider of digital transformation services, custom software development, and next-generation technologies, today announced the completion of their previously announced business combination. The combined company will operate as AgileThought, Inc. Its Class A common stock and public warrants are expected to commence trading tomorrow on the Nasdaq Capital Market under the new ticker symbols "AGIL" and "AGILW." The equity contributed is comprised of: (a) $53.3 million in gross cash proceeds from the business combination with LIVK and the closing of a PIPE transaction involving the concurrent private placement of Class A common stock. Today we enter a new stage after more than 20 years of hard work to change the way people and organizations approach digital transformation fundamentally," said Manuel Senderos, Chairman, and CEO of AgileThought. Alexander R. Rossi, Humberto Zesati, and Miguel Ángel Dávila have substantial experience and expertise in the Mexican corporate market where they have served as investors, operators, administrators and advisors.