Group’s M&A StrategyMIAMI, Oct.18, 2024 (GLOBE NEWSWIRE) -- Cyber A.I.Group, Inc., an emerging growth Cybersecurity, Artificial Intelligence and IT services company engaged in the acquisition of a broad spectrum of Cybersecurity service providers on an international basis, and New York-based ThinkEquity LLC, an investment bank specializing in public and private capital raises, as well as M&A transactions, today announced they have entered into a definitive engagement agreement to provide investment banking services, with an emphasis on secured debt and convertible debt offerings in support of Cyber A.I.
In particular, ThinkEquity’s Debt Capital Markets group, has structured over $1 billion of debt financing for companies, with a strong focus on the technology, healthcare, industrials, cleantech, fintech, specialty finance, entertainment and cybersecurity sectors."Cyber A.I.
The Company’s initial target is to acquire multiple companies representing aggregate revenues annualizing $100 million.Cyber A.I.'s business model is focused on the acquisition and consolidation of IT services companies with proven ability in broad conventional technology services with strong cash flow and enhance performance through A.I.-driven Cybersecurity initiatives.
The story "Cyber A.I. Group and ThinkEquity Execute Agreement for Investment Banking Services" has 754 words across 27 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "Cyber A.I. Group and ThinkEquity Execute Agreement for Investment Banking Services" was covered 10 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 25 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
