Covalto goes for Nasdaq listing to finance M&A

Covalto goes for Nasdaq listing to finance M&A

IPO Bonds Debt Equity Funds M&A Mexico United States Capital Markets Project & Infrastructure Finance Technology

Mexican digital banking services company Covalto will list on the Nasdaq stock exchange in New York through a special purpose acquisition company (SPAC) by the end of the year or the beginning of 2023, co-CEO David Poritz told LatinFinance on Thursday. "We are the first Mexican fintech that is going to be listed in the United States and that is a great achievement not only for us but also for the local market in Mexico. And hopefully, we can open this market for more IPOs in the future," Poritz

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