Press Launch – Greenwich, CT, July 26, 2022
Aetherium Acquisition Corp. introduced at the moment that it has begun implementation of the Compound Worth Creator Quotient “CovQ”) platform to speed up the execution of its post-IPO De-SPAC processes together with the identification of potential acquisition targets and enterprise mixture actions. The corporate’s government crew additionally plans to make use of CovQ to handle the worth creation methods along with the enterprise mixture targets of their present and subsequent SPACs.
CovQ is an built-in enterprise constructing suite of providers encompassing a technique, framework, know-how, and administration experience to ship compound worth creation embedded in a robust and environment friendly SaaS platform for technique execution, reporting, government alignment and collaboration.
SPACs, in any other case often known as “blank-check corporations”, created for the aim of merger or acquisition alternatives, are sometimes regarded as not requiring complete administration methods because the SPAC managers don’t take part in a goal firm’s operations.
Alex Lee, CFO, said “Opposite to in style perception, a SPAC entity is itself a posh enterprise enterprise requiring lots of the similar day-to-day operational processes as that of a goal firm. Having a clearly outlined and built-in “company IQ and tradition” each in the course of the due diligence course of in addition to when getting into right into a definitive settlement with a goal firm to begin the formal De-SPAC course of is important to a SPAC’s success. By integrating CovQ we now have a cohesive enterprise constructing infrastructure that permits us to leverage data-driven decision-making, put information into motion, measure and monitor progress, and to evaluate and evolve in our efforts to reduce threat and enhance shareholder worth.”
Jonathan Chan, CEO, added “Leveraging government administration applied sciences comparable to CovQ which many goal corporations themselves make use of, not solely are we forward of the curve on the subject of managing our SPAC’s lifecycle on the execution stage but in addition present immense value-add to focus on corporations while constructing belief with present and future traders. It’s a 360- diploma win-win for the SPAC ecosystem with us on the forefront.”
Aetherium Acquisition Corp, headquartered in Greenwich, Connecticut, is concentrated on making investments in main Training Expertise (EdTech) and associated expertise corporations in Asia which have international ambitions by using data-driven strategies together with the administration crew’s long-standing expertise in capital markets and expertise entrepreneurship. As such, it has positioned itself as an early adopter of the CovQ platform.
Ralf Hirt, CEO & founding father of 8W8: “We developed the CovQ platform to empower corporations to ship their full potential in holistic and system-integrated methods powered by information and tech. We’re extraordinarily excited to onboard Aetherium Acquisition Corp. as our first SPAC buyer and to see how they leverage CovQ to assist guarantee success within the SPAC business.”
About Aetherium Acquisition Corp.
Aetherium Acquisition Corp. is a clean examine firm shaped for the aim of effecting a merger, capital inventory alternate, asset acquisition, inventory buy, reorganization or comparable enterprise mixture with a number of companies. Efforts to establish a potential goal enterprise won’t be restricted to a specific enterprise, business or sector or geographical area, though it intends to give attention to companies within the training, coaching and training expertise (“EdTech”) industries, particularly in Asia (excluding China).
Contact
Alex Lee
CFO
alex.lee@aetheriumcapital.com
About 8W8 International Enterprise Builders
8W8 International Enterprise Builders, NYC, www.8W8.com, developed the CovQ platform and model, aka Compound Worth Creator Quotient, to empower enterprise house owners, government groups, boards and traders to ship the complete potential of their missions and therefore make ecosystems a extra productive place for the advantage of all stakeholders. CovQ encompasses a corp IQ assessment- system, framework, methodology and information embedded in SaaS for figuring out mission-critical priorities, technique execution, reporting in addition to government alignment and collaboration.
Contact
Ralf Hirt
CEO
value@8W8.com