secwatch.observer — SEC 8-K summary
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Issuer:     Relativity Acquisition Corp (ACQC)
CIK:        0001860484
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001213900-23-010755
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Relativity Acquisition Corp. announces merger with SVES at ~$707M enterprise value
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- Definitive business combination agreement between Relativity Acquisition Corp. (NASDAQ: RACY) and SVES, an off-price apparel distributor.
- Implied pro-forma enterprise value of ~$707.25M; SVES equity consideration of $632M in Pubco common stock at $10.00/share.
- Transaction expected to close in Q3 2023, subject to stockholder approval and customary closing conditions.
- Combined company will be named SVES, Inc., and intends to list on Nasdaq under ticker symbol 'SVES'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860484/000121390023010755/0001213900-23-010755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860484/000121390023010755/ea173356-8k425_relativ.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-010755

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