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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes