System1, a Leading Omnichannel Customer Acquisition Platform, to Become a Publicly Listed Company Through a Business Combination With Trebia Acquisition Corp.
Summary
Founded in 2013, System1 has developed a proprietary end-to-end responsive acquisition marketing platform (RAMP) which the Company uses to acquire intent-driven customers on behalf of its advertising partners and its own products. We are confident the Company’s demonstrated track record of innovation in omnichannel customer acquisition will allow System1 to maintain and expand its market leading position with its RAMP platform. We look forward to working with Michael and the entire System1 team to accelerate the Company’s continued growth.” The transaction is anticipated to provide approximately $175 million of cash, assuming no redemptions by TREB’s public stockholders. Additional information about the proposed transaction, including a copy of the business combination agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by TREB with the Securities and Exchange Commission and available at www.sec.gov. RAMP enables the building of powerful brands across multiple consumer verticals, the development & growth of a suite of privacy-focused products, and the delivery of high-intent customers to advertising partners.