MediaMath Founder Joe Zawadzki launches 'Project Phoenix' to buy back bankrupt company

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

MediaMath founder Joe Zawadzki's 'Project Phoenix' looks to raise at least $10 million to help buy back the bankrupt adtech company

"Project Phoenix" is seeking to raise at least $10 million in a SAFE financing.MediaMath founder and former CEO Joe Zawadzki is pressing ahead with hisby forming a syndicate of investors that is calling itself"Project Phoenix," according to people familiar with the matter.

Project Phoenix, registered as Phoenix Project Acquisition Inc., is raising the investment with a"post-money valuation cap" of $20 million — the maximum price at which investors can convert their SAFE investment notes into equity.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인