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Trading card company Topps plans to go public through a special purpose acquisition company SPAC , according to CNBC. Topps is best known for its line of baseball cards and Bazooka candy.The SPAC, Mudrick Capital Acquisition Corporation II, values Topps at $1.3 billion, and the deal is like [url=https://www.cups-stanley-cups.ca]stanley cup[/url] ly to close in either the late s [url=https://www.stanleycups.pl]stanley termos[/url] econd or early third quarte [url=https://www.stanley-cups.it]stanley cup[/url] r. The combined company is proposed to be called Topps, and it will trade on the Nasdaq under the ticker TOPP, CNBC reported.According to Topps Chairman Michael Eisner, speaking on CNBCs Squawk Box Tuesday April 6 , the SPAC merger was decided upon because of the flexibility and limited distraction to management, CNBC reported.Eisner, former Disney CEO, is going to stay on as Topps chairman, while Mudrick Capital and funds and accounts managed by Gamco Investors and Wells Capital Management will likely invest another $250 million in the SPAC, according to CNBC.Madison Dearborn Partners, a private equity firm, is projected to sell much of its ownership in Topps, but Eisners firm, The Tornante Company, will roll its entire equity stake into the SPAC-combined company, CNBC reported.Topps is best known for its sports trading cards, but the company has been branching out to include interactive mobile apps that connect collectors, according to CNBC. Its also recently broadened its reach to include non-fungible tokens NFTs , the popular digital art pieces that are recorded on blockchains similar to networks underpinning cryptocurren Gnfl FinTechs Raise Funding For Supplier Payments, Compliance Automation
Karmic Labs operates at the intersection between payments and Software-as-a-Service. As companies look to streamline operative tasks, theres been a movement to make reimbursement, among other cash flow applications, easier within an enterprise. PYMNTS spoke with Ryan Weidenmiller, the cofounder and chief executive officer of Karmic Labs, to get a sense of how businesses are moving to manage operations in a more fluid, and mobile, manner.Lets talk first about cash flow apps. Theyre becoming quite popular. Do you think businesses are shifting in the direction of running their operations entirely on their phones RW: Yes. Very few cash flow apps have been built the way our APIs application program interfaces work. Our extensible API configuration enables us 鈥?and those using our API 鈥?to quickly evolve with [url=https://www.cup-stanley-cup.pl]kubki stanley[/url] future business needs. Th [url=https://www.stanleycup.pl]stanley kubek[/url] erefore, yes, as the workforce in demographic changes to include more millennials versus baby boomers, its pretty clear that [url=https://www.stanleycups.cz]stanley termoska[/url] more and more people continue to manage not only their businesses, but all sorts of aspects of their lives, on a more convenient device.Karmic just came out with Dash. A service of office-automated financing tools and real-time money transfer came out in beta phase in April. Can you share some of the results from that beta testing as well as the progress you made since RW: Were still a private company, and we cant disclose all the details. But the results are highly encouraging 鈥?not only for us but also for FIS, which we built