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Friday, September 20, 2024

Metaverse company Infinite Reality will go public through $1.85B SPAC

Infinite Reality, a company that takes companies into the metaverse, announced plans to go public through a special purpose acquisition company, or SPAC. The company plans to raise at least $128 million at a valuation of $1.85 billion. Per the agreement, Infinite Reality would combine with Newbury …

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