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26/07/22

15:32

Post #: 62734273
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Originally posted by Wise_One ↑

What can I say, the media has it wrong.

It is literally the footer on the first page of the ann

1The estimated US$360 million is comprised of the following:
• US$200 million value for SMX
• US$126 million of cash in trust with the SPAC if no redemptions
• US$31 million SPAC sponsor position

So the merged entity is worth $200m - then go look up the value of LION & do some math

Expand

SMX

you're the only one saying the merged entity is $200m

LIONHEART III raised US$125M cash for this transaction
https://www.prnewswire.com/news-rel...rcise-of-over-allotment-option-301419106.html

Combined value is $360M as per the announcement
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