The Flexi Group, a new co-working company, will go public. The business combination agreement with blank check company TG Venture Acquisition Corp allows the transition.
Following the flexible workplaces’ increasing demand, most businesses launched new solutions to accommodate unique working needs. The Flexi Group is a newly formed co-working company going public, taking its plans even further thanks to the merger of APAC flexible office companies The Cluster, Common Ground, and the Hive. The companies will complete the deal in the second quarter of 2023. After that, the company will be able to trade on the Nasdaq under the ticker symbol FLXG.
The merger will support the companies in alleviating exposure to external factors, such as inflations or health crises. The new co-working will go public, and try out new possibilities to support businesses and flexibility.
Image source: Flexi Group