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Aries I (RAM) to Combine with InfiniteWorld in $554M Deal

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Aries I (RAM) to Combine with InfiniteWorld in $554M Deal

Dec 13, 2021 INTEL by Nicholas Alan Clayton

Aries I (NASDAQ:RAM) has entered into a definitive agreement to combine with metaverse infrastructure platform InfiniteWorld at an enterprise value of $554 million, or 7.8x its 2023E revenue. Miami-based InfiniteWorld is developing both a marketplace for creators to sell NFTs, but also creative tools to generate new ones tailored to both individuals and brands. The
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ByNicholas Alan Clayton