Corner Growth CFO resigns; Noventiq appoints him as CFO and reports 21.5% revenue growth

Corner Growth Acquisition Corp.

Jerome Letter resigned as CFO of Corner Growth (COOL), effective April 2, 2024, with no disagreement. Marvin Tien appointed acting CFO.
Noventiq appointed Letter as CFO and Head of Corporate Development ahead of its proposed Nasdaq listing.
Noventiq reported unaudited nine-month revenues of $340.7M (+21.5% YoY) and Adjusted EBITDA $24.9M (+49.4% YoY).
Cash balance $92.6M, net debt positive $6.3M as of Dec 31, 2023.
Noventiq expects to list on Nasdaq via business combination with Corner Growth.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed (interim)

Marvin Tien

Chief Financial Officer

Corner Growth Acquisition Corp.

Effective: 2024-04-02
Filed: April 4, 2024, 7:59 PM ET

Concurrently therewith, the Company’s current Co-Chairman and Chief Executive Officer, Marvin Tien, was appointed as acting Chief Financial Officer for the Company.

Departed (interim)

Jerome Letter

Chief Financial Officer

Corner Growth Acquisition Corp.

Effective: 2024-04-02
Successor: Marvin Tien
Filed: April 4, 2024, 7:59 PM ET

On April 2, 2024, Jerome “Jerry” Letter provided written notice to Corner Growth Acquisition Corp. (the “Company”) of his resignation as the Company’s Chief Financial Officer, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marvin Tien was appointed as Chief Financial Officer at Corner Growth Acquisition Corp..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Concurrently therewith, the Company’s current Co-Chairman and Chief Executive Officer, Marvin Tien, was appointed as acting Chief Financial Officer for the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jerome Letter resigned as Chief Financial Officer at Corner Growth Acquisition Corp..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On April 2, 2024, Jerome “Jerry” Letter provided written notice to Corner Growth Acquisition Corp. (the “Company”) of his resignation as the Company’s Chief Financial Officer, effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-24-086203

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