Bolt reportedly threatens legal action against Silverbear Capital

Quick Summary:

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute.

Meanwhile, The London Fund’s CEO confirmed in an interview with TechCrunch that the firm is contributing “marketing credits” to the deal.

Most of the biggest South Korean tech startups intend to pursue public offerings in either South Korea or the United States as part of their exit strategy.

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Article Details

Author / Journalist: Anthony Ha

Category: Technology

Markets: United StatesBrazilIndiaNorth KoreaSouth KoreaUnited Arab Emirates

Topics: The London Fund Bolt Fintech Silverbear capital Venture

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 21:56:08 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 924 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22314203

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