Akazoo Completes Merger With Modern Media Acquisition Corp., Raises $55 Million and Will Trade on Nasdaq Under Ticker Symbol…
Merger Sets Stage for Rapid Growth of Akazoo Music Streaming Platform in International Markets
Akazoo S.A. announced the successful completion of the previously announced merger of Akazoo Ltd. with Modern Media Acquisition Corp., previously trading under the ticker symbol MMDM. Akazoo expects to begin trading today on the Nasdaq Stock Market under the ticker symbol "SONG," having raised around $55 million in new capital.
The combined company, Akazoo S.A., is a leading global music streaming platform and technology…