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Latch To Go Public With TS Innovation Acquisition Corp
January 26, 2021 Blog by: Management

Latch To Go Public With TS Innovation Acquisition Corp

Latest Company to go Public via Merger.


Latch is a company that provides Keyless security systems to people living in Apartments Style Buildings. The company was founded by Brian Jones and Thomas Meyerhoffer.


The company was founded to provide seamless experience in terms of living in Apartments Style Buildings and has been able to do so till now.


The company just decided go to public with a Blank Check New York based company TS Innovation Acquisition Corp. The transection is expected to take place in the second quarter.


After the merger the worth of the company will be around $1.56 Billion. Riding on this news the stock price of TS Acquisition Corp has risen around %50. 


The company has reported $167 million as booked revenue in 2020, which is an increase of %49 as compared to 2019.


Upon the completion the stock will be listed under the ticker of ''LTCH''.


We will soon have the coverage the on the company fundamentals and performance.


Thanks

Team Acrovest