Ecommerce Group (OTC: BBTT), a dynamic e-commerce support company, announces its Business Combination Agreement (“BCA”) with Integrated Wellness Acquisition (NYSE: WEL) (“WEL” or “Integrated Wellness”), a special purpose acquisition company. This pivotal agreement signifies a major milestone in Btab’s growth trajectory.
Key Highlights:
- The transaction is set to close by the end of Q4 2024
- The BCA values Btab at an equity value of $250 million
- Integrated Wellness will issue 25 million shares of its common stock valued at $10 per share
Strategic Implications:
For Btab, this agreement is a strategic step towards expanding its global reach and enhancing its mission to support small businesses worldwide. The e-commerce market is projected to reach $18.81 trillion by 2029, presenting significant opportunities for growth, especially in…
NOTE TO INVESTORS: The latest news and updates relating to BBTT are available in the company’s newsroom at https://ibn.fm/BBTT
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