W3BCLOUD to go Public via Business Combination with Social Leverage Acquisition Corp I

Social Leverage Acqui­si­ti­on Corp I has $345 mil­li­on in trust and has recei­ved com­mit­ments from AMD, Con­sen­Sys, SK Inc. and others for an addi­tio­nal $50 mil­li­on in new investments

W3BCLOUD pro­vi­des the under­ly­ing phy­si­cal (com­pu­te and sto­rage) infra­st­ruc­tu­re nee­ded to sup­port the growth of the Web3 eco­sys­tem, which favors deve­lo­pers, con­tent creators, and consumers.

● The tran­sac­tion values the com­bi­ned com­pa­ny at an enter­pri­se value of $1.25 billion.

● Social Leverage Acqui­si­ti­on Corp I has exper­ti­se in gro­wing and gui­ding dis­rup­ti­ve com­pa­nies, which will help W3BCLOUD con­ti­nue to sca­le rapidly and sup­port the growth of the Web3 ecosystem.

W3BCLOUD expects to use tran­sac­tion pro­ceeds to signi­fi­cant­ly acce­le­ra­te its invest­ments in sto­rage and com­pu­te infra­st­ruc­tu­re, which inclu­des expan­ding its data cen­ter foot­print and inves­ting in the Web3 deve­lo­per ecosystem.

● Appro­xi­mate­ly 85% of W3BCLOUD’s data cen­ters’ cur­rent ener­gy con­sump­ti­on is renewable.

● The Inves­tor Pre­sen­ta­ti­on can be found on the W3BCLOUD inves­tor page, https://investors.w3bcloud.com/.

August 1st, 2022

SCOTTSDALE, Ariz. — (BUSINESS WIRE)– Publicly tra­ded spe­cial pur­po­se acqui­si­ti­on com­pa­ny, Social Leverage Acqui­si­ti­on Corp I (NYSE: SLAC) (“SLAC”), with $345 mil­li­on in trust, today announ­ced that it has ent­e­red into a defi­ni­ti­ve busi­ness com­bi­na­ti­on agree­ment with W3BCLOUD Hol­dings Inc. (“W3BCLOUD”), a lea­ding sto­rage and com­pu­te infra­st­ruc­tu­re pro­vi­der for Web3. Upon clo­sing of the tran­sac­tion, the com­pa­ny will be named W3BCLOUD, Inc., and shares of W3BCLOUD’s com­mon stock are expec­ted to tra­de on a natio­nal exchange.

Foun­ded in 2018, W3BCLOUD pro­vi­des sto­rage and com­pu­te infra­st­ruc­tu­re to power Web3’s decen­tra­li­zed eco­no­my. With today’s tran­sac­tion, W3BCLOUD aims to acce­le­ra­te its invest­ment in its plat­form to dri­ve adop­ti­on by the block­chain deve­lo­per com­mu­ni­ty. Addi­tio­nal­ly, the com­pa­ny expects to bene­fit from emer­ging Web3 use cases such as Web3-enab­led gaming, NFTs, DeFi, and the Meta­ver­se, to fur­ther rein­for­ce its posi­ti­on as a lea­ding Web3 infra­st­ruc­tu­re pro­vi­der and diver­si­fy revenue.

In con­trast to the cur­rent inter­net, the next evo­lu­ti­on of the inter­net, Web3, is under­pin­ned by decen­tra­li­zed infra­st­ruc­tu­re based on block­chain tech­no­lo­gy which favors deve­lo­pers, con­tent creators, and con­su­mers with more clo­se­ly ali­gned eco­no­mics. By buil­ding a next-genera­ti­on plat­form to sup­port Web3 deve­lo­pers, W3BCLOUD expects to help bring this visi­on to ful­fill­ment. Spe­ci­fi­cal­ly, W3BCLOUD’s fle­xi­ble archi­tec­tu­re is desi­gned to sca­le with Web3’s explo­si­ve growth and is sup­por­ted by lea­ding-edge hard­ware and soft­ware exper­ti­se from AMD and ConsenSys.

SLAC rai­sed gross pro­ceeds of $345 mil­li­on in its initi­al public offe­ring and was lis­ted on the NYSE on Febru­a­ry 12, 2021, with the aim to com­bi­ne with a high-growth tech­no­lo­gy com­pa­ny capi­ta­li­zing on a lar­ge oppor­tu­ni­ty. SLAC is spon­so­red by Social Leverage, an ear­ly-sta­ge tech­no­lo­gy-focu­sed ven­ture capi­tal firm that has inves­ted in over 400 foun­der-led teams inclu­ding many lea­ding Web3 com­pa­nies. Social Leverage and the SLAC team have built a

suc­cess­ful track record of inves­ting in high­ly inno­va­ti­ve com­pa­nies led by excep­tio­nal entre­pre­neurs based on their signi­fi­cant public com­pa­ny expe­ri­ence, broad rela­ti­ons­hips, stra­te­gic exper­ti­se and capi­tal rai­sing ability.

W3BCLOUD is buil­ding the next genera­ti­on infra­st­ruc­tu­re to sup­port the Web3 eco­no­my, tran­si­tio­ning more con­trol and owners­hip into the hands of deve­lo­pers and cus­to­mers across indus­tries span­ning finan­ce, digi­tal sto­rage, media and enter­tain­ment,” said Sami Issa, CEO of W3BCLOUD. “This tran­sac­tion allows us to expand our sup­port to Web3 deve­lo­pers and sca­le with the Web3 economy’s anti­ci­pa­ted signi­fi­cant growth. I could not be more exci­ted by the depth of expe­ri­ence and know­ledge Social Leverage will bring to our com­pa­ny. With the added bene­fit of SLAC’s exper­ti­se and con­ti­nued tech­ni­cal sup­port from AMD and Con­sen­Sys, I belie­ve that W3BCLOUD will emer­ge as the lea­ding dedi­ca­ted plat­form to sup­port the Web3 economy.”

With its pro­prie­ta­ry archi­tec­tu­re, expe­ri­en­ced manage­ment team, and lar­ge mar­ket oppor­tu­ni­ty, W3BCLOUD is well posi­tio­ned as the ‘picks and sho­vels’ play to leverage the secu­lar shift to a decen­tra­li­zed Inter­net,” said Howard Lind­zon, CEO of SLAC. “The key to buil­ding world class com­pa­nies is having a manage­ment team with pas­si­on, visi­on and deep domain expe­ri­ence, which per­fect­ly descri­bes this team. Sami and his team have alrea­dy pro­ven their abi­li­ty to exe­cu­te in an emer­ging and dyna­mic mar­ket. We are eager to help W3BCLOUD con­ti­nue to exe­cu­te on this visi­on and build the next gre­at tech­no­lo­gy company.”

We are in the ear­ly days of the estab­lish­ment of a new trust foun­da­ti­on enab­led by decen­tra­li­zed pro­to­cols which under­gird Web3 and its many app­li­ca­ti­ons. This tech­no­lo­gy is powe­ring a para­digm shift from the Age of Silos to the Age of Com­mu­ni­ty,” said Joseph Lub­in, foun­der of Con­sen­Sys and co-foun­der of Ethe­re­um and W3BCLOUD board mem­ber. “W3BCLOUD is pionee­ring a next-genera­ti­on decen­tra­li­zed hardware/software com­pu­te and sto­rage plat­form for Web3 to bet­ter ser­ve the deve­lo­per com­mu­ni­ty and end users, by advan­cing decen­tra­liz­a­ti­on of the hard­ware lay­ers of Web3 upon which the soft­ware inno­va­tions of the past deca­de are cri­ti­cal­ly reliant.”

Tran­sac­tion Overview

The tran­sac­tion values the com­bi­ned com­pa­ny at an enter­pri­se value of $1.25 bil­li­on. The com­pa­ny will recei­ve up to $345 mil­li­on in pro­ceeds from SLAC’s cash in trust (assuming no redemp­ti­ons). Addi­tio­nal­ly, W3BCLOUD has recei­ved com­mit­ments for $40 mil­li­on from Con­sen­Sys, SK Inc. and others for new invest­ments in con­nec­tion with the tran­sac­tion and has an agree­ment with AMD for an addi­tio­nal equi­ty invest­ment of $10 mil­li­on, each of which is sub­ject to cer­tain con­di­ti­ons. The par­ties intend to rai­se addi­tio­nal capi­tal of up to $100 mil­li­on post-announ­ce­ment, though the­re is no gua­ran­tee that such funds will be able to be rai­sed on favor­able terms or at all. It is esti­ma­ted that through this tran­sac­tion, W3BCLOUD will recei­ve appro­xi­mate­ly $445 mil­li­on in cash to its balan­ce sheet assuming $100 mil­li­on of addi­tio­nal capi­tal rai­sed post-announ­ce­ment, no redemp­ti­ons of shares of com­mon stock held by SLAC’s share­hol­ders and after esti­ma­ted tran­sac­tion expenses.

Exis­ting W3BCLOUD share­hol­ders will roll 100% of their equi­ty in the tran­sac­tion and are expec­ted to own appro­xi­mate­ly 66% upon tran­sac­tion clo­se (assuming no redemp­ti­ons). W3BCLOUD share­hol­ders have the poten­ti­al to recei­ve an ear­nout of addi­tio­nal shares of com­mon stock of the com­bi­ned com­pa­ny if cer­tain stock pri­ce tar­gets are met as set forth in the defi­ni­ti­ve busi­ness com­bi­na­ti­on agreement.

The tran­sac­tion, which has been unani­mous­ly appro­ved by the boards of direc­tors of W3BCLOUD and SLAC, is expec­ted to clo­se in the fourth quar­ter of 2022, sub­ject to, among other things, SEC review, appro­val of SLAC share­hol­ders, regu­la­to­ry appro­vals, and the satis­fac­tion of other cus­to­ma­ry clo­sing con­di­ti­ons. Addi­tio­nal infor­ma­ti­on regar­ding the terms of the tran­sac­tions can be found in a Cur­rent Report on Form 8‑K filed today by SLAC.

Upon clo­sing, the com­bi­ned ope­ra­ting enti­ty will con­ti­nue to be led by Sami Issa as CEO and Wael Abu­ri­da as CFO, along with an expe­ri­en­ced manage­ment team. Joseph Lub­in, foun­der of Con­sen­Sys and co-foun­der of Ethe­re­um, will remain on W3BCLOUD’s Board of Direc­tors. Mr. Lub­in has estab­lis­hed hims­elf as a gui­ding for­ce in the block­chain indus­try and a power­ful advo­ca­te of decen­tra­li­zed tech­no­lo­gy. The Chair­man of SLAC, Paul Grin­berg, will join the board of the new com­bi­ned com­pa­ny. Mr. Grin­berg has 35 years of expe­ri­ence in M&A and advi­sing, run­ning, and ser­ving on the boards of nume­rous public and pri­va­te com­pa­nies. He cur­r­ent­ly ser­ves as the Chair­man of Axos Finan­cial, Inc., the hol­ding com­pa­ny for Axos Bank, a digi­tal-first bank that pro­vi­des con­su­mer and com­mer­cial ban­king pro­ducts through its low-cost dis­tri­bu­ti­on chan­nels and affi­ni­ty part­ners. Sami Issa and Wael Abu­ri­da will join the Board of Directors.

Inves­tor Presentation

A copy of the inves­tor pre­sen­ta­ti­on can be found by acces­sing the inves­tor rela­ti­ons sec­tion of W3BCLOUD’s web­site, https://investors.w3bcloud.com/.

Advi­sors

Perel­la Wein­berg Part­ners is acting as exclu­si­ve finan­cial advi­sor to W3BCLOUD.

Bar­clays is acting as exclu­si­ve M&A advi­sor to SLAC. Bar­clays and B. Riley Secu­ri­ties are acting as capi­tal mar­kets advi­sors and joint pla­ce­ment agents to SLAC. Blues­hirt Capi­tal Advi­sors is ser­ving as an inves­tor rela­ti­ons advi­sor to W3BCLOUD.

Skad­den, Arps, Sla­te, Meag­her & Flom LLP is acting as legal coun­sel to W3BCLOUD. Ropes & Gray LLC is acting as legal coun­sel to SLAC. Lat­ham & Wat­kins LLP is acting as legal advi­sor to Bar­clays and B. Riley Securities.

Addi­tio­nal Infor­ma­ti­on about the Busi­ness Com­bi­na­ti­on and Whe­re to Find It

In con­nec­tion with the pro­po­sed busi­ness com­bi­na­ti­on, SLAC intends to file a preli­mi­na­ry pro­xy state­ment with the Secu­ri­ties and Exchan­ge Com­mis­si­on (the “SEC”) rela­ting to the pro­po­sed busi­ness com­bi­na­ti­on, which will be mai­led (if and when avail­ab­le) to all SLAC share­hol­ders once defi­ni­ti­ve. Addi­tio­nal­ly, SLAC will file other rele­vant mate­ri­als with the SEC in con­nec­tion with the pro­po­sed busi­ness com­bi­na­ti­on. Copies of the defi­ni­ti­ve pro­xy state­ment and all other rele­vant mate­ri­als for the pro­po­sed busi­ness com­bi­na­ti­on filed or that will be filed with the SEC may be obtai­ned free of char­ge at the SEC’s web­site at www.sec.gov. In addi­ti­on, the docu­ments filed by SLAC may be obtai­ned free of char­ge from SLAC at www.socialleverageholdings.com/sec. This press release does not con­tain all the infor­ma­ti­on that should be con­si­de­red con­cer­ning the pro­po­sed busi­ness com­bi­na­ti­on and is not inten­ded to form the basis for any invest­ment decisi­on or any other decisi­on in respect of the pro­po­sed busi­ness com­bi­na­ti­on. Befo­re making any voting or invest­ment decisi­on, inves­tors and share­hol­ders of SLAC are urged to read, when avail­ab­le, the preli­mi­na­ry pro­xy state­ment, any amend­ments the­re­to, the defi­ni­ti­ve pro­xy state­ment and all other rele­vant mate­ri­als filed or that will be filed with the SEC in con­nec­tion with the pro­po­sed busi­ness com­bi­na­ti­on becau­se they will con­tain important infor­ma­ti­on about the pro­po­sed busi­ness com­bi­na­ti­on and the par­ties to the pro­po­sed busi­ness combination.

Par­ti­ci­pants in Solicitation

SLAC and W3BCLOUD and their respec­ti­ve direc­tors and exe­cu­ti­ve offi­cers, under SEC rules, may be deemed to be par­ti­ci­pants in the soli­ci­ta­ti­on of pro­xies of SLAC’s stock­hol­ders in con­nec­tion with the pro­po­sed busi­ness com­bi­na­ti­on. Inves­tors and secu­ri­ty hol­ders may obtain more detail­ed infor­ma­ti­on regar­ding the names and inte­rests in the pro­po­sed busi­ness com­bi­na­ti­on of SLAC’s direc­tors and offi­cers in SLAC’s filings with the SEC, inclu­ding SLAC’s initi­al public offe­ring pro­spec­tus, which was filed with the SEC on Febru­a­ry 16, 2021, and SLAC’s

sub­se­quent annu­al report on Form 10‑K and quar­ter­ly reports on Form 10‑Q. To the extent that hol­dings of SLAC’s secu­ri­ties by insi­ders have chan­ged from the amounts repor­ted the­r­ein, any such chan­ges have been or will be reflec­ted on State­ments of Chan­ge in Owners­hip on Form 4 filed with the SEC. Infor­ma­ti­on regar­ding the per­sons who may, under SEC rules, be deemed par­ti­ci­pants in the soli­ci­ta­ti­on of pro­xies to SLAC’s share­hol­ders in con­nec­tion with the busi­ness com­bi­na­ti­on will be inclu­ded in the pro­xy statement/prospectus rela­ting to the pro­po­sed busi­ness com­bi­na­ti­on when it beco­mes avail­ab­le. You may obtain free copies of the­se docu­ments as descri­bed in the pre­ce­ding paragraph.

No Offer or Solicitation

This press release shall not con­sti­tu­te a pro­xy state­ment or soli­ci­ta­ti­on of a pro­xy, con­sent, or aut­ho­riz­a­ti­on with respect to any secu­ri­ties or in respect of the pro­po­sed busi­ness com­bi­na­ti­on. This com­mu­ni­ca­ti­on shall also not con­sti­tu­te an offer to sell, or a soli­ci­ta­ti­on of an offer to buy any secu­ri­ties of SLAC or W3BCLOUD, nor shall the­re be any sale of secu­ri­ties in any sta­te or juris­dic­tion in which such offer, soli­ci­ta­ti­on, or sale would be unlaw­ful pri­or to regis­tra­ti­on or qua­li­fi­ca­ti­on under the secu­ri­ties laws of any such sta­te or jurisdiction.

For­ward-Loo­king Statements

This com­mu­ni­ca­ti­on inclu­des “for­ward-loo­king state­ments” wit­hin the mea­ning of the “safe har­bor” pro­vi­si­ons of the Pri­va­te Secu­ri­ties Liti­ga­ti­on Reform Act of 1995 with respect to the pro­po­sed busi­ness com­bi­na­ti­on bet­ween SLAC and W3BCLOUD. For­ward-loo­king state­ments may gene­ral­ly be iden­ti­fied by the use of words such as “belie­ve,” “may,” “will,” “esti­ma­te,” “con­ti­nue,” “anti­ci­pa­te,” “intend,” “expect,” “should,” “would,” “plan,” “pro­ject,” “fore­cast,” “pre­dict,” “poten­ti­al,” “seem,” “seek,” “future,” “out­look,” “tar­get” or other simi­lar expres­si­ons (or the nega­ti­ve ver­si­ons of such words or expres­si­ons) that pre­dict or indi­ca­te future events or trends or that are not state­ments of his­to­ri­cal mat­ters. For­ward-loo­king state­ments are pre­dic­tions, pro­jec­tions, and other state­ments about future events that are based on cur­rent expec­ta­ti­ons and assump­ti­ons and, as a result, are sub­ject to risks and uncer­tain­ties that could cau­se the actu­al results to dif­fer mate­ri­al­ly from the expec­ted results. The­se state­ments are based on various assump­ti­ons, whe­ther or not iden­ti­fied in this com­mu­ni­ca­ti­on. The­se for­ward-loo­king state­ments are pro­vi­ded for illus­tra­ti­ve pur­po­ses only and are not inten­ded to ser­ve as, and must not be reli­ed on by an inves­tor as, a gua­ran­tee, an assuran­ce, a pre­dic­tion, or a defi­ni­ti­ve state­ment of fact or pro­ba­bi­li­ty. Many actu­al events and cir­cum­s­tan­ces are bey­ond the con­trol of W3BCLOUD and SLAC.

The­se for­ward-loo­king state­ments inclu­de, without limi­ta­ti­on, W3BCLOUD’s and SLAC’s expec­ta­ti­ons with respect to tar­ge­ted future finan­cial results and anti­ci­pa­ted finan­cial impacts of the pro­po­sed busi­ness com­bi­na­ti­on. Many fac­tors could cau­se actu­al future events to dif­fer from the for­ward-loo­king state­ments in this com­mu­ni­ca­ti­on, inclu­ding but not limi­ted to (i) chan­ges in domestic and for­eign busi­ness, mar­ket, finan­cial, poli­ti­cal and legal con­di­ti­ons; (ii) the ina­bi­li­ty of the par­ties to suc­cess­ful­ly or time­ly con­sum­ma­te the pro­po­sed busi­ness com­bi­na­ti­on, inclu­ding the risk that any requi­red regu­la­to­ry appro­vals are not obtai­ned, are delay­ed or are sub­ject to unan­ti­ci­pa­ted con­di­ti­ons that could adver­se­ly affect the com­bi­ned com­pa­ny or the expec­ted bene­fits of the pro­po­sed busi­ness com­bi­na­ti­on or that the appro­val of the stock­hol­ders of SLAC is not obtai­ned; (iii) the abi­li­ty to main­tain the lis­ting of the com­bi­ned company’s secu­ri­ties on the stock exchan­ge; (iv) the ina­bi­li­ty to com­ple­te any pri­va­te pla­ce­ment finan­cing; (v) the risk that the pro­po­sed busi­ness com­bi­na­ti­on dis­rupts cur­rent plans and ope­ra­ti­ons of SLAC or W3BCLOUD as a result of the announ­ce­ment and con­sum­ma­ti­on of the tran­sac­tion descri­bed her­ein; (vi) the risk that any of the con­di­ti­ons to clo­sing are not satis­fied in the anti­ci­pa­ted man­ner or on the anti­ci­pa­ted time­li­ne; (vii) the fail­u­re to rea­li­ze the anti­ci­pa­ted bene­fits of the pro­po­sed busi­ness com­bi­na­ti­on; (viii) risks rela­ting to the uncer­tain­ty of the pro­jec­ted finan­cial infor­ma­ti­on with respect to W3BCLOUD and cos­ts rela­ted to the pro­po­sed busi­ness com­bi­na­ti­on; (ix) risks rela­ted to the roll­out of W3BCLOUD’s busi­ness stra­te­gy and the timing of expec­ted busi­ness mile­stones; (x) the effects of com­pe­ti­ti­on on W3BCLOUD’s future business

and the abi­li­ty of the com­bi­ned com­pa­ny to grow and mana­ge growth pro­fi­ta­b­ly, main­tain rela­ti­ons­hips with cus­to­mers and sup­pliers and retain its manage­ment and key employees; (xi) risks rela­ted to domestic and inter­na­tio­nal poli­ti­cal and macroeco­no­mic uncer­tain­ty; (xii) the out­co­me of any legal pro­cee­dings that may be insti­tu­ted against SLAC, W3BCLOUD or any of their respec­ti­ve direc­tors or offi­cers, fol­lowing the announ­ce­ment of the poten­ti­al busi­ness com­bi­na­ti­on; (xiii) the amount of redemp­ti­on requests made by SLAC’s public stock­hol­ders; (xiv) the abi­li­ty of SLAC or the com­bi­ned com­pa­ny to issue equi­ty, if any, in con­nec­tion with the pro­po­sed busi­ness com­bi­na­ti­on or to other­wi­se obtain finan­cing in the future; (xv) the impact of the glo­bal COVID-19 pan­de­mic and govern­men­tal respon­ses on any of the fore­go­ing risks; (xvi) risks rela­ted to digi­tal assets tech­no­lo­gy, indus­try and regu­la­ti­ons; (xvii) chan­ges in laws and regu­la­ti­ons; and (xviii) tho­se fac­tors dis­cus­sed in SLAC’s Annu­al Report on Form 10‑K for the year ended Decem­ber 31, 2021 and Quar­ter­ly Report on Form 10‑Q for the quar­ter ended March 31, 2022, in each case, under the hea­ding “Risk Fac­tors,” and other docu­ments of SLAC to be filed with the SEC. W3BCLOUD and SLAC cau­ti­on that the fore­go­ing list of fac­tors is not exclu­si­ve or exhaus­ti­ve and not to place undue reli­an­ce upon any for­ward-loo­king state­ments, inclu­ding pro­jec­tions, which speak only as of the date made. If any of the­se risks mate­ria­li­ze or SLAC’s or W3BCLOUD’s assump­ti­ons pro­ve incor­rect, actu­al results could dif­fer mate­ri­al­ly from the results implied by the­se for­ward-loo­king state­ments. The­re may be addi­tio­nal risks that neit­her SLAC nor W3BCLOUD pre­sent­ly know or that SLAC and W3BCLOUD cur­r­ent­ly belie­ve are imma­te­ri­al that could also cau­se actu­al results to dif­fer from tho­se con­tai­ned in the for­ward-loo­king state­ments. In addi­ti­on, for­ward-loo­king state­ments reflect SLAC’s and W3BCLOUD’s expec­ta­ti­ons, plans or fore­casts of future events and views as of the date of this press release. SLAC and W3BCLOUD anti­ci­pa­te that sub­se­quent events and deve­lo­p­ments will cau­se SLAC’s and W3BCLOUD’s assess­ments to chan­ge. The­se for­ward-loo­king state­ments should not be reli­ed upon as repre­sen­ting W3BCLOUD’s assess­ments as of any date sub­se­quent to the date of this press release. Neit­her W3BCLOUD nor SLAC gives any assuran­ce that W3BCLOUD or SLAC will achie­ve its expec­ta­ti­ons. Neit­her W3BCLOUD nor SLAC under­ta­ke or accept any obli­ga­ti­on to publicly pro­vi­de revi­si­ons or updates to any for­ward-loo­king state­ments, whe­ther as a result of new infor­ma­ti­on, future deve­lo­p­ments or other­wi­se, or should cir­cum­s­tan­ces chan­ge, except as other­wi­se requi­red by secu­ri­ties and other app­li­ca­ble laws. Accord­in­gly, undue reli­an­ce should not be pla­ced upon the for­ward-loo­king statements.

About W3BCLOUD

W3BCLOUD pro­vi­des the com­pu­te and sto­rage infra­st­ruc­tu­re to power the decen­tra­li­zed app­li­ca­ti­on lay­er for Web3 pro­to­cols. Foun­ded in 2018, W3BCLOUD is a joint ven­ture among AMD, Con­sen­Sys, and the company’s founders.

About Social Leverage Acqui­si­ti­on Corp I

Social Leverage Acqui­si­ti­on Corp I is a blank check com­pa­ny, also com­mon­ly refer­red to as a SPAC, for­med for the pur­po­se of effec­ting a busi­ness com­bi­na­ti­on with a com­pa­ny, with a pri­ma­ry focus on inno­va­ti­ve and mis­si­on-dri­ven busi­nes­ses in the finan­cial tech­no­lo­gy, enter­pri­se soft­ware, or con­su­mer tech­no­lo­gy sectors.

W3BCLOUD Con­ta­cts

Media Con­ta­ct:

Kar­bo Communications

W3BCLOUD@karbocom.com

Inves­tor Rela­ti­ons Contact:

Greg McNiff, The Blues­hirt Group

investors@W3BCLOUD.com

Social Leverage Acqui­si­ti­on Corp I Media Contact

Dou­glas Horlick

doug@socialleverage.com