Starbridge, one of Lynk's earliest investors, is happy to share that Lynk has signed a letter of intent to be listed publicly through a business combination with Slam Corporation.
The company understood early on two basic tenets of the mobile world: the MNOs own the relationship with the customers and the unconnected market is outside the US and Europe. Lynk's understanding of the market dynamics, their early development of the fundamental direct-to-device market technology, and our long relationship with many on the founding team is what led Starbridge to to make that first investment and then to follow on at every raise.
The team at Lynk is excited to announce that we have signed a letter of intent to enter a business combination with Slam Corp.
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Alex Rodriguez, CEO of Slam Corp, said, "Lynk has built a truly global platform that is set to revolutionize the satellite-direct-to-phone sector. 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. We are impressed by its innovative technology and proven ability to scale. The Combined Company is positioned to make a tremendous global impact, potentially providing broadband access to billions of people currently underserved by a lack of mobile connectivity."
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Learn more: https://lnkd.in/gS7jEy8b
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Lynk Signs Letter of Intent to Become Publicly-Listed, Leading Satellite-to-Phone Company Through a Business Combination with Slam Corp.
https://lynk.world