Tag Archives: SPAC DD3 Acquisition Corp. II

Codere promotes women’s sporting empowerment with $300k investment

SBC News Codere promotes women’s sporting empowerment with $300k investment

As part of its “#CodereConEllas” campaign, Spanish-market facing operator Codere Online has announced a $300,000 investment into women’s football. Specifically donating the funds into women’s football in Mexico, the Spain and Latin America-focused company will direct the money into the ‘She Wins’ NGO. An organisation which aims to empower women through sports and education, She Wins stated that it shares …

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Codere underscores ‘ambitious expansion plan’ upon making Nasdaq debut

SBC News Codere underscores ‘ambitious expansion plan’ upon making Nasdaq debut

Codere Online has made its entry on the Nasdaq stock exchange, following the conclusion of its merger with SPAC DD3 Acquisition Corp. II, becoming the first listed wagering firm for Latin American markets.  The shares and warrants  of Codere Online will be listed on the Global Nasdaq stock market under the “CDRO” and “CDROW” tickers respectively. Codere Online predicts that …

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Codere Online finalises merger with DD3 whilst making new board appointment

SBC News Codere Online finalises merger with DD3 whilst making new board appointment

Codere Online has completed its merger with DD3 Acquisition Corp, following the approval of the latter’s stakeholders in 18 November, whilst also announcing the appointment of Patrick Ramsey to its board. The Latin America-focused online sports betting and casino gaming operator predicts that the finalised transaction will result in gross proceeds of approximately $116 million, or approximately $103 million net …

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Codere Online elects board nominations ahead of full divestment 

SBC News Codere Online elects board nominations ahead of full divestment 

DD3 Acquisition Corp, the SPAC vehicle that intends to merge with Codere Online to become the first Spanish language markets wagering business listed on the US Nasdaq, has disclosed the company’s first executive directorship appointments. Maintaining schedules, DD3 and Codere Online are expected to merge on Thursday 18 November – following the conclusion of a shareholders meeting to finalise the …

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Codere showing signs of recovery following LatAm reopening

SBC News Codere showing signs of recovery following LatAm reopening

Codere is confident of bouncing back from COVID-19 induced headwinds, having identifying a resurgence in Latin American countries as the jurisdictions gradually reopen after months of lockdowns. Providing a financial update for the first nine months of 2021, the Spanish gambling group explained that it had generated total revenue of €499.6 as of September 2021, an increase of 8.5%. Codere …

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