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RA

RAMRoundhill T-REX 2X Long DRAM Daily Target ETF

RAM

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A Little-Known Metaverse Company Is Going Public: Here's What Investors Need to KnowThe metaverse is rapidly expanding with hot investing opportunities.The Motley Fool · Jan 10, 2022

Metaverse Company InfiniteWorld Going Public In SPAC Deal: What Investors Should KnowInvestors will have another pure play stock betting on the growth of the metaverse with a SPAC deal announced Monday morning. The SPAC Deal: Metaverse infrastructure company InfiniteWorld is going public via SPAC merger with Aries I Acquisition Corporation (NASDAQ: RAM). The merger prices InfiniteWorld at a pro forma enterprise value of $700 million. Included in the deal value is $93 million worth of cryptocurrencies currently owned by InfiniteWorld. Public RAM shareholders will own 20.4% of the new company. After the merger, the company will trade as InfiniteWorld with the ticker JPG on the Nasdaq. About InfiniteWorld: Acting as a bridge between the physical and digital worlds, InfiniteWorld “empowers brands and creators with the engine and technologies they need to engage customers and fans in the metaverse.” The company offers infrastructure, marketplace solutions and content production platforms for items like non-fungible tokens. InfiniteWorld said it has partnered with ...Benzinga · Dec 13, 2021

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RAMRoundhill T-REX 2X Long DRAM Daily Target ETF

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