“Lynk has built a truly global platform that is set to revolutionize the satellite-direct-to-phone sector,” Rodriguez stated. “Since Slam’s listing, we have sought to partner with a company beyond providing capital, through operational support, commercial network expansion, and brand amplification. Lynk is a perfect fit for our investment criteria.”
Celestial Alliance and The Final Frontier
The melding of Lynk and Slam aims to finalize in the upcoming weeks, marking a monumental shift in the satellite-to-phone industry. This strategic move follows the redemption of approximately 61% of Slam’s shares, paving the way for a shareholder meeting to decide on extending the timeframe for a business combination.
Legal Constellations Aligned
Guiding Lynk through this celestial odyssey, legal representation comes in the form of Goodwin Procter LLP, while financial advisory services are orchestrated by Jones Trading, with BTIG LLC taking the helm as the capital markets adviser. On the opposing end, Slam Corp. is fortified by the legal prowess of Kirkland & Ellis LLP.
