VERAISON is pleased with the progress VT5 announced today in its search for a suitable technology company for a successful De-Spac. VT5 has signed a letter of intent, including a term sheet and exclusivity agreement with the target company. The company will now start the detailed due diligence.
VERAISON looks forward to continuing to support VT5 to enable a value-enhancing De-Spac transaction in the best interest of all investors.
