Seven Oaks Acquisiton Corp. (SVOK) to Combine with Boxed in $640M Deal

Seven Oaks (NASDAQ:SVOK) has entered into a definite agreement to combine with ecommerce seller Boxed, at an enterprise value of $640 million, or 2.1x its 2022E revenue. New York-based Boxed sells bulk, high-repeat consumables to both consumers and B2B customers, and it has launched a new initiative to white-label its fulfillment software to other consumer
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