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Artemis Strategi Stock Price, News & Analysis

ARTE Nasdaq

Welcome to our dedicated page for Artemis Strategi news (Ticker: ARTE), a resource for investors and traders seeking the latest updates and insights on Artemis Strategi stock.

Artemis Strategic Investment Corporation (NASDAQ: ARTE) provides investors with authoritative updates on its SPAC activities and sector-focused business combinations. This dedicated news hub tracks all regulatory filings, merger developments, and strategic initiatives in gaming, hospitality, and transformative technologies.

Access timely reports on Artemis' proposed business combination extensions, partnership announcements like the Danam Health merger, and leadership insights from experienced executives. Our curated collection features SEC filings, proxy statements, and market-moving updates essential for understanding ARTE's position in live events, iGaming, and health technology sectors.

Key updates include progress on the April 2024 business combination deadline, analysis of target industries, and corporate restructuring details. Bookmark this page for verified information directly from company filings, ensuring informed decisions about your ARTE investments.

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Novibet has announced significant expansion efforts in North America, highlighting a new agreement with Caesars Entertainment for a branded online gambling service in New Jersey. This follows a similar deal in Pennsylvania. Additionally, Novibet has partnered with Big Bola Casinos to access Mexico's iGaming market, aiming to launch Novibet.mx in late 2022. Analysts predict Mexico’s online gaming market could reach $1 billion by 2026. The company is also advancing its entry into Ontario, Canada, with a planned launch contingent on regulatory approvals. The proposed business combination with Artemis is expected to close in 2022.

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Novibet, an established iGaming and Online Sportsbook provider, announced new senior management appointments and the future Board of Directors composition following its merger with Artemis Strategic Investment Corporation (Nasdaq:ARTE). Key appointments include Christoforos Bozatzidis as CMO for International Markets and Thomas Granite as CFO. The new leadership aims to enhance Novibet's expansion into regulated markets across Europe, North America, and Latin America. The business combination is expected to close in H2 2022, pending shareholder approval.

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Artemis Strategic Investment Corporation (Nasdaq: ARTE) and Novibet announce a definitive agreement for a business combination valued at approximately $625 million. Novibet, a profitable GameTech operator, anticipates net gaming revenue of $156 million and EBITDA of $20 million in 2022. The combined company will hold approximately $135 million in unrestricted cash at closing, enabling a multi-pronged growth strategy targeting North American and European markets. The merger is projected to close in the second half of 2022.

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Artemis Strategic Investment Corporation announced that beginning on or about November 22, 2021, holders of its units can separately trade the shares of Class A common stock under the symbol ARTE and warrants under ARTEW. Units not separated will continue trading under the symbol ARTEU. Holders must contact the Company's transfer agent to initiate the separation. The company is a blank check entity looking to merge or acquire businesses primarily in the gaming, hospitality, and entertainment sectors, with a focus on technology companies in these industries.

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FAQ

What is the market cap of Artemis Strategi (ARTE)?

The market cap of Artemis Strategi (ARTE) is approximately 76.7M.
Artemis Strategi

Nasdaq:ARTE

ARTE Rankings

ARTE Stock Data

76.72M
4.90M
368.61%
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