8-K
filed October 12, 2023, 7:59 PM ET
CIK 0001815086
M&A
confidence high
sentiment positive
materiality 0.80
MoneyHero completes de-SPAC merger with Bridgetown; begins trading on Nasdaq under 'MNY'
Bridgetown Holdings Ltd
- MoneyHero received ~US$100M in gross proceeds from trust account, net of ~36% public share redemptions.
- Post-money equity value ~US$283M; enterprise value ~US$310M.
- Bridgetown directors/officers resigned; MoneyHero CEO Prashant Aggarwal retains leadership.
- Ordinary shares and warrants trade on Nasdaq from Oct 13, 2023 under 'MNY' and 'MNYWW'.
- Proceeds to accelerate organic growth and pursue M&A in Southeast Asia.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
In Joon Hwang resigned as director at Bridgetown Holdings Ltd.
- Action
- resigned
- Role
- director
Exact text from the filing
the following individuals also ceased to be directors: Samuel Altman, John R. Hass and In Joon Hwang
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John R. Hass resigned as director at Bridgetown Holdings Ltd.
- Action
- resigned
- Role
- director
Exact text from the filing
the following individuals also ceased to be directors: Samuel Altman, John R. Hass and In Joon Hwang
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Daniel Wong resigned as Chief Executive Officer at Bridgetown Holdings Ltd.
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Daniel Wong ceased to be Chief Executive Officer, Chief Financial Officer and director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Samuel Altman resigned as director at Bridgetown Holdings Ltd.
- Action
- resigned
- Role
- director
Exact text from the filing
the following individuals also ceased to be directors: Samuel Altman, John R. Hass and In Joon Hwang
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew Danzeisen resigned as Chairman of the Board of Directors at Bridgetown Holdings Ltd.
- Action
- resigned
- Role
- Chairman of the Board of Directors
Exact text from the filing
Matthew Danzeisen ceased to be Chairman of the Board of Directors
View on SEC.gov
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