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Mobile Game Maker Jam City to Go Public Through SPAC Merger

By
Nick Wingfield
· · Source: The Information

The mobile games maker Jam City will go public through a merger with DPCM Capital, a special purpose acquisition company led by former Uber executive Emil Michael. The resulting publicly-traded company, to be called Jam City Holdings, will have an enterprise value of $1.2 billion. The deal will add $115 million in cash to the combined company’s balance sheet, including $100 million from a form...

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