Cyber-security firm ZeroFox Inc. is all set to go public through a special-purpose acquisition company merger with L&F Acquisition Corp. Along with the SPAC merger, ZeroFox also has announced that it is acquiring Identity Theft Guard Solutions Inc., known as IDX.
The SPAC merger values ZeroFox at USD1.4 billion. Under the stock ticker symbol “ZFOX, the combined company will be named as ZeroFox Holdings Inc. The deal includes Monarch Alternative Capital and other firms investing USD170 million into ZeroFox. Founded in 2013, we have helped companies address emerging security challenges caused by the transformational shift to a ‘digital everything’ world.
Read More: siliconangle
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