Infinite Assets, Inc. (“InfiniteWorld” or "the Company”), a
leading Metaverse infrastructure platform that enables brands to
create, monetize and drive consumer engagement with digital
content, and Aries I Acquisition Corporation (Nasdaq: RAM)
(“Aries”), a special purpose acquisition company, announced today
that Yonathan Lapchik, Chief Executive Officer of InfiniteWorld and
Nathaniel Hunter, Chief Operating Officer of InfiniteWorld, will be
participating in the following upcoming investor conference:
ICR Virtual Conference
2022
Management will participate in a fireside chat hosted by Michael
Graham, Senior Managing Director of Canaccord Genuity, at the ICR
Virtual Conference 2022. The discussion will take place on Tuesday,
January 11, 2022 at 11:30 AM ET. At noon that day, management will
also participate in a panel entitled “NFTs, The Metaverse, &
Web 3.0 – How can brands embrace the future?". If you would like to
schedule a meeting with Infinite’s management team please contact
Ashley.DeSimone@icrinc.com.
On December 13, 2021, InfiniteWorld and Aries entered into a
definitive agreement for a business combination (the “Business
Combination”) that upon consummation is expected to result in
InfiniteWorld becoming a publicly traded company. Upon closing of
the transaction, the combined company is expected to be listed on
the Nasdaq Global Select Market under the ticker symbol “JPG”. The
Business Combination is expected to close in the first half of
2022.
About Aries I Acquisition Corporation
Aries I Acquisition Corporation was founded by its Chairman,
Thane Ritchie. The Company is a blank check company whose business
purpose is to effect a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. While the Company may
pursue an initial business combination target in any industry or
geographic region, the Company intends to focus its initial
business combination search on the following industry segments:
aerospace, satellites, and space exploration; quantum computing and
chemistry; artificial intelligence and machine learning;
cybersecurity; and blockchain and digital currencies.
About InfiniteWorld
InfiniteWorld, part of the Suku Ecosystem, is dedicated to
provide Plug & Play NFT infrastructure and utility to enable
global brands to build their identity on the metaverse in a
scalable, secure and innovative way. At InfiniteWorld, we help
brands and creators increase engagement, traceability and
authenticity for real world and virtual products, events, and
interactive experiences. With InfiniteWorld's own NFT marketplace,
NFC tags authenticity technology, white-label NFT marketplace
solution, and NFT utility tools, InfiniteWorld is the go-to place
for brands and creators venturing into the Metaverse!
Additional Information and Where to Find It
Aries intends to file a registration statement on Form S-4 (the
“Registration Statement”) with the SEC which will include a proxy
statement and a prospectus of Aries, and each party will file other
documents with the SEC regarding the proposed transaction. A
definitive proxy statement/prospectus will also be sent to the
shareholders of Aries, seeking any required shareholder approval.
Before making any voting or investment decision, investors and
security holders of Aries are urged to carefully read the entire
Registration Statement and proxy statement/prospectus, when they
become available, and any other relevant documents filed with the
SEC, as well as any amendments or supplements to these documents,
because they will contain important information about the proposed
transaction. Aries shareholders and InfiniteWorld stockholders will
also be able to obtain copies of the preliminary Proxy Statement,
the definitive Proxy Statement and other documents filed with the
SEC, without charge, once available, at the SEC’s website at
www.sec.gov, or by directing a request to Aries’s secretary at 90
N. Church Street, P.O. Box 10315, Grand Cayman, Cayman Islands
KY-1003.
No Offer or Solicitation
This communication and any oral statements made in connection
with this communication are for informational purposes only and
shall not constitute a proxy statement or solicitation of a proxy,
consent or authorization with respect to any securities or in
respect of the transaction, and are not intended to and shall not
constitute an offer to sell or the solicitation of an offer to sell
or the solicitation of an offer to buy or subscribe for any
securities or a solicitation of any vote of approval, nor shall
there be any sale, issuance or transfer of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offer of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended, and otherwise in accordance with applicable law.
Participants in Solicitation
Aries and its directors and executive officers may be deemed
participants in the solicitation of proxies from Aries’s
shareholders with respect to the proposed Business Combination. A
list of the names of those directors and executive officers and a
description of their interests in Aries is contained in Aries’s
registration statement on Form S-1 (File No. 333-253806), which was
declared effective by the SEC on May 18, 2021. To the extent such
holdings of Aries’s securities may have changed since that time,
such changes have been or will be reflected on Statements of Change
in Ownership on Form 4 filed with the SEC. Additional information
regarding the interests of such participants will be contained in
the Proxy Statement for the proposed Business Combination when
available.
InfiniteWorld and its directors and executive officers may also
be deemed to be participants in the solicitation of proxies from
Aries’s shareholders with respect to the proposed Business
Combination. A list of the names of such directors and executive
officers and information regarding their interests in the proposed
Business Combination will be included in the Proxy Statement for
the proposed Business Combination when available.
Cautionary Statement Regarding Forward-Looking
Statements
Certain statements made in this press release, and oral
statements made from time to time by representatives of Aries and
InfiniteWorld are “forward-looking statements” within the meaning
of the “safe harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995. Statements regarding the
proposed business combination and expectations regarding the
combined business are “forward-looking statements.” In addition,
words such as “estimates,” “projects,” “expects,” “anticipates,”
“forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,”
“will,” “would,” “should,” “future,” “propose,” “target,” “goal,”
“objective,” “outlook” and variations of these words or similar
expressions (or the negative versions of such words or expressions)
are intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the control of the parties, that
could cause actual results or outcomes to differ materially from
those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results
or outcomes include: the inability of the parties to complete the
proposed Business Combination; the risk that the approval of the
shareholders of Aries for the proposed Business Combination is not
obtained; the inability to recognize the anticipated benefits of
the proposed Business Combination, which may be affected by, among
other things, the amount of funds available in Aries’ trust account
following any redemptions by Aries’ shareholders; the ability to
meet the NASDAQ’s listing standards following the consummation of
the transactions contemplated by the proposed Business Combination;
costs related to the proposed Business Combination; and those
factors discussed in the registration statement and final
prospectus relating to Aries’ initial public offering filed with
the SEC on May 18, 2021, Item 1A. Risk Factors of the Form 10-Q for
the quarter ended September 30, 2021 filed with the SEC on November
22, 2021 and other documents of Aries filed, or to be filed, with
the SEC. Aries and InfiniteWorld do not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220111005813/en/
Media Edelman for Aries and InfiniteWorld
InfiniteWorld@edelman.com
Investors Sam Collins Aries I Acquisition Corporation
(647) 964-9643 scollins@ariescorp.io
Grafico Azioni Aries I Acquisition (NASDAQ:RAM)
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