SBIG Holdings, Inc. develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation solutions to retailers and brands. SBIG Holdings, Inc. was formerly known as SpringBig Holdings, Inc. and changed its name to SBIG Holdings, Inc. The company was founded in 2016 and is headquartered in Boca Raton, Florida.
Springbig Advances Strategic Review and Enters Discussions with Three Prospective Transaction Candidates
Springbig Holdings is engaged in preliminary discussions with three prospective transaction candidates as part of its previously announced review of strategic opportunities.
Each candidate is an established operating business that could benefit from access to U.S. public markets and growth capital; structures under evaluation include acquisitions, mergers and other business combinations.
No definitive agreement has been signed, and the company explicitly cautions there is no assurance any discussion will result in a completed transaction.
CEO Andrew Glashow said the objective is to identify the right operating business, management team and structure to create a long-term opportunity for stockholders.