Gross Proceeds to Support Product Portfolio
Enhancement and International Expansion
Semantix to Begin Trading on Nasdaq Under the
Ticker “STIX” on August 4th, 2022
Semantix, Inc. (“Semantix”), Latin America’s first fully
integrated data platform, today completed its previously announced
business combination (the “Business Combination”) with Alpha
Capital (NASDAQ: ASPC), a special purpose acquisition company
(“SPAC”) focused on technology in Latin America.
The Business Combination was approved by Alpha Capital
shareholders on August 2, 2022. Semantix’s ordinary shares and
warrants will commence trading tomorrow, August 4, 2022, under the
ticker symbols “STIX” and “STIXW”, respectively, on Nasdaq.
To celebrate the listing, Semantix’s Founder & CEO,
Leonardo Santos, will ring the opening bell at Nasdaq at market
open tomorrow, Thursday, August 4, 2022.
“We are excited to have reached this important milestone in our
mission to transform companies’ data driven models and impact
billions of lives with data,” said Semantix CEO and Founder
Leonardo Santos. “Our entry into the public markets puts us in a
stronger position to accelerate our growth plans and scale
internationally. We are incredibly grateful to our leadership team,
employees, partners, and customers for their support in our
journey.”
“Semantix has grown into a leader among more than 20,000
technology companies in Latin America, and we believe they have the
potential to become a global player with significant growth
opportunities,” said Rafael Steinhauser, Founder and President, and
Alec Oxenford, Founder & CEO, both of Alpha Capital. “We are
pleased that our investors supported the merger with this
fast-growing, data analytics and A.I. leader. We look forward to
continuing our partnership as long-term owners and supporters of
Semantix.”
Semantix’s management team, led by CEO and Founder Leonardo
Santos, CFO Adriano Alcalde, General Manager LatAm Andre Frederico,
and CSO and Investor Relations Officer Marcela Bretas, will
continue to lead the public company following the Business
Combination.
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.
About Alpha Capital Acquisition Company
Alpha Capital (Nasdaq: ASPC) was a special purpose acquisition
company (“SPAC”) that has planned to combine its business with a
Latin American-focused technology company since its $230 million
initial public offering on Nasdaq in February 2021. The firm’s
founders and sponsors were Alec Oxenford, CEO and Chairman, and
Rafael Steinhauser, President and Director. The company’s
co-sponsors included Innova Capital, FJ Labs and Dr. Irwin Jacobs.
For more information, visit alpha-capital.io.
Advisors
Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal
advisor to Semantix, with Mourant as legal advisor on Cayman
matters and Pinheiro Neto Advogados as legal advisor on Brazilian
matters.
Davis Polk & Wardwell LLP is serving as legal advisor to
Alpha Capital, with Maples Group as legal advisor on Cayman matters
and Mattos Filho as legal advisor on Brazilian matters.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements.” 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. 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 the Registration
Statement on Form F-4 (Reg. No. 333-262552), filed with the SEC on
July 11, 2022 under the heading “Risk Factors,” and other documents
that Alpha Capital or Semantix 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.
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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version on businesswire.com: https://www.businesswire.com/news/home/20220803005740/en/
Semantix ir@semantix.ai Semantix@icrinc.com
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