Momentum Demonstrates Strong Track Record for
Growth and Innovation
Semantix, Latin America’s first fully integrated data platform,
announced today that the company has seen significant business
momentum in the first half of 2022. These milestones align
perfectly with the company's broader market strategy and include a
combination of customer, partner, technological and operational
growth for the business as it continues on its path to the public
markets.
Business Highlights
Customer and partner growth continues to be at the center of
Semantix’s success. In the first half of 2022, the company:
- Added 41 new clients including leading players in the
restaurant, clothing and home appliances retail segments as well as
large established pharma and health insurance companies.
- Extended its relationships with several long-standing marquee
clients.
- Partnered with the Massachusetts Institute of Technology (MIT)
for its Industrial Liaison Program (ILP) where Semantix will help
monitor emerging technology trends and work directly with faculty
on forthcoming research and recruitment efforts.
Innovation is the focal point of Semantix’s growth strategy. In
the first half of 2022, the company introduced a number of new
technological breakthroughs with its Semantix Data Platform (SDP)
including:
- The release of the Semantix Data & AI Marketplace,
consisting of a new array of features that significantly streamline
the analytical journey for users of SDP. The Data & AI
Marketplace provides an app store-like experience that puts
frequently used data sets and pre-packaged, vertical specific
algorithms at the fingertips of data scientists and business
analysts around the world.
- The availability of Analytics Chat, a new feature that enables
users of SDP to gain analytical insights into their business’s
performance via an easy-to-use chat interface.
- The introduction of a new data catalog governance feature for
our clients, which allows centralized management, and lineage of
data through SDP, which adds a new layer of security, data
governance and privacy.
- The development and release of two new data science models,
which will be offered off-the-shelf and use AI algorithms to solve
business challenges, including:
- A model for facial recognition technology - particularly for
those that are wearing masks and/or personal protective equipment
(PPE)
- Time Series Forecasting models that leverage 2D clustering to
evaluate correlations of the results of the models.
- The ability to run streaming and real time with Kafka and
Spark.
- Overall improvements of SDP’s user experience (UX) providing an
array of new usability and accessibility enhancements that
streamline the experience.
Operationally, Semantix continued to expand its global footprint
while attracting new talent to help the business move its growth
strategy forward. Operational growth in the first half of 2022
included:
- Two new additions to the executive leadership team. In
February, the company added Mathias Rech as its Chief Human
Resources Officer to help the company effectively manage the growth
of its team. And in May, the company welcomed Marcela Bretas as its
Chief Strategy Officer to help Semantix successfully navigate the
company’s corporate venture capital initiatives, its merger and
acquisition strategy and all aspects of investor relations.
- The addition of more than 100 new employees around the globe -
spanning multiple aspects of the business including technology
development, marketing, sales operations and more. Semantix
currently has more than 650 global employees with plans to continue
its expansion throughout the remainder of 2022.
- A new office in Miami, Florida staffed primarily with members
of the executive leadership team and sales, marketing and
technology professionals. The company also has plans to open new
locations in Latin America and Europe to meet growing demand for
its technology in those targeted geographies.
“It’s hard to grasp what we’ve been able to accomplish as a team
over the past six months,” said Leonardo Santos, co-founder and CEO
of Semantix. “The pace of our growth, matched with the increasing
reliance on data analytics technology for business intelligence and
strategy has created the perfect storm for Semantix. I still
remember our first client and the way we worked with them. As we
make our way to the public markets years later, we follow the same
approach to our client relationships - constantly looking for new
ways we can add value for them through technology and
insights.”
Pending Transaction with Alpha Capital On November 16,
2021, Semantix entered into a definitive merger agreement with
Alpha Capital Acquisition Company (NASDAQ: ASPC). As a result of
this transaction, the Company could add as much as approximately
$320 million to the balance sheet, net of transaction fees and
assuming no stockholder redemptions, which will be used to fuel
future growth and further technological innovations.
The Special Meeting to approve the pending business combination
is scheduled to be held on Tuesday, August 2, 2022 at 10:00 AM
Eastern time. The Special Meeting will be held physically at the
offices of Davis Polk & Wardwell LLP located at 1600 El Camino
Real, Menlo Park, California 94025, and virtually via live webcast
by visiting www.virtualshareholdermeeting.com/ASPC2022SM. Holders
of Alpha Capital shares of common stock at the close of business on
the record date of June 14, 2022 are entitled to notice of the
virtual Special Meeting and to vote at the Special Meeting. If the
proposals at the Special Meeting are approved, the parties
anticipate that the business combination will close shortly
thereafter, subject to the satisfaction or waiver (as applicable)
of all other closing conditions. Alpha Capital stockholders who
need assistance voting or have questions regarding the Special
Meeting may contact Alpha Capital at 1 (732) 838-4533 or
info@alpha-capital.io.
For more information about Semantix and SDP, please visit:
www.semantix.ai.
About Semantix
Semantix is Latin America’s first fully integrated data software
platform. Semantix has more than 300 clients with operations in
approximately 15 countries using Semantix’s software and services
to enhance their businesses. The company was founded in 2010 by CEO
Leonardo Santos. For more information, visit www.semantix.ai.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed Business Combination. Forward-looking statements may be
identified by the use of words such as “estimate,” “plan,”
“project,” “forecast,” “intend,” “will,” “expect,” “anticipate,”
“believe,” “seek,” “target” or other similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. No assurance can be given that
the Business Combination discussed above will be completed on the
terms described, or at all. These statements are based on various
assumptions, whether or not identified in this press release, and
on the current expectations of Semantix’s and Alpha Capital’s
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on by
any investor as, a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of Semantix and Alpha Capital. These
forward-looking statements are subject to a number of risks and
uncertainties, including those factors discussed in Alpha Capital’s
proxy statement / prospectus that forms a part of Alpha Capital’s
Registration Statement on Form F-4 (Reg. No. 333-262552), filed
with the SEC on July 11, 2022 (the “Prospectus”) under the heading
“Risk Factors,” and other documents of Alpha Capital has filed, or
will file, with the SEC. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that neither Alpha Capital nor Semantix
presently know or that Alpha Capital nor Semantix currently believe
are immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect Alpha Capital’s and Semantix’s
expectations, plans or forecasts of future events and views as of
the date of this press release. Alpha Capital and Semantix
anticipate that subsequent events and developments will cause Alpha
Capital’s or Semantix’s assessments to change. However, while Alpha
Capital and Semantix may elect to update these forward-looking
statements at some point in the future, Alpha Capital and Semantix
specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as
representing Alpha Capital’s or Semantix’s assessments as of any
date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
Additional Information About the Proposed Business
Combination and Where to Find It
The proposed business combination will be submitted to the
shareholders of Alpha Capital for their consideration. The
Registration Statement has been declared effective on July 11, 2022
and includes a definitive proxy statement to be distributed to
Alpha Capital’s shareholders as of the record date established for
voting on the proposed business combination in connection with
Alpha Capital’s solicitation for proxies for the vote by Alpha
Capital’s shareholders in connection with the proposed transaction
and other matters as described in the Registration Statement, as
well as the prospectus relating to the offer of the securities to
be issued in connection with the completion of the proposed
business combination. Alpha Capital's shareholders and other
interested persons are advised to read the preliminary proxy
statement / prospectus and any amendments thereto and the
definitive proxy statement / prospectus, in connection with Alpha
Capital's solicitation of proxies for its special meeting of
shareholders to be held to approve, among other things, the
proposed transaction, because these documents contain important
information about Alpha Capital, Semantix and the proposed business
combination. Shareholders may also obtain a copy of the preliminary
or definitive proxy statement, as well as other documents filed
with the SEC regarding the proposed business combination and other
documents filed with the SEC by Alpha Capital, without charge, at
the SEC's website located at www.sec.gov or by directing a request
to 1230 Avenue of the Americas, Fl. 16, New York, New York
10020.
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN
APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY
AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS
OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION
CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
Participants in the Solicitation
Alpha Capital, Semantix and certain of their respective
directors, executive officers and other members of management,
employees and consultants may, under SEC rules, be deemed to be
participants in the solicitations of proxies from Alpha Capital’s
shareholders in connection with the proposed business combination.
Information regarding the persons who may, under SEC rules, be
deemed participants in the solicitation of Alpha Capital’s
shareholders in connection with the proposed business combination
will be set forth in Alpha Capital’s proxy statement / prospectus
when it is filed with the SEC. You can find more information about
Alpha Capital’s directors and executive officers in the Prospectus.
Additional information regarding the participants in the proxy
solicitation and a description of their direct and indirect
interests will be included in the proxy statement / prospectus when
it becomes available. Shareholders, potential investors and other
interested persons should read the proxy statement / prospectus
carefully when it becomes available before making any voting or
investment decisions. You may obtain free copies of these documents
from the sources indicated above.
No Offer or Solicitation
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, or a solicitation
of any vote or approval, nor shall there be any sale of securities
in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
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