Schlagwort: W3BCLOUD
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/. (…) Weiterlesen »