- $50 million all inventory transaction from Alpine Acquisition Company For two Bit Circus, Inc.
- $65 million money and inventory buy of two full-service convention lodges with 739 rooms and over 140,000 sq. ft of convention amenities located in Denver, CO and Stamford, CT
- Transactions anticipated To close Inside the third quarter of 2022
PHOENIX, Ny, and L. a., Might 19, 2022 (GLOBE NEWSWIRE) — Alpine Acquisition Company (Nasdaq: REVEU, REVE, REVEW) (“Alpine”), a particular objective acquisition agency, and Two Bit Circus, Inc., creators of the world’s first Micro-Amusement Parks and an experiential leisure chief collectively introduced right now thOn They’ve entered into definitive settlements for a enterprise combination. Alpine additionally entered Proper into a definitive settlement with associates of Atrium Hospitality, LP, To accumulate two full-service convention lodges with 739 rooms and 135,000 sq. ft of convention amenities located in Denver, CO and Stamford, CT. Upon the closing of the transactions, Alpine will buy Two Bit Circus and the lodges and start transformational renovations of each properties. The properties Shall be remannequined to Revelers Retypes, using Two Bit Circus’s proprietary know-how and leisure expertises. The mixd agency Is predicted to be renamed “Two Bit Entertainment Corp.” and proceed to be itemizinged on NASDAQ beneath the picture REVE. The transactions are anticipated To close Inside the Third quarter of 2022.
Alpine Acquisition Company was created with a thesis to develop new drive-to-vacation spot retypes. Alpine’s authorities group has in depth expertise in creating, managing and constructing custom-made mannequined household leisure from 20 years beforehand with Good Wolf Retypes. Two Bit Circus, Inc., named by Quick Company as A pair of of the revolutionary recreation corporations of 2020, conveys substantial expertise of innovation and method in social play expertises.
“Two Bit Circus, Inc, is an enterprise chief in …….
