Welcome to our dedicated page for Artemis Strategic Investment news (Ticker: ARTEU), a resource for investors and traders seeking the latest updates and insights on Artemis Strategic Investment stock.
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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.
Artemis Strategic Investment Corporation (NASDAQ:ARTEU) closed its initial public offering of 20,125,000 units at $10.00 per unit, including 2,625,000 units from the underwriters' over-allotment. Trading began on September 30, 2021. Each unit includes one Class A common stock and one-half redeemable warrant, with warrants priced at $11.50. Following separation, Class A common stock and warrants will trade under ARTE and ARTEW symbols, respectively. The funds raised aim to pursue business combinations in gaming and entertainment sectors.