New York–(work wire) – Forbes Global Media Holdings Inc. , the renowned business intelligence brand that gathers and oversees the most influential leaders driving change, and seeks to integrate business with Magnum Opus Acquisition Limited (NYSE: OPA), a general purpose acquisition firm with a focus on the global consumer, technology and media sectors, announced Today that management will present at the following upcoming investor conferences:
ICR Virtual Conference 2022
Forbes CEO Mike Federel and CFO Michael York will participate in a side chat hosted by Daniel Cornus, Equity Research Analyst at Benchmark, at the virtual ICR Conference 2022. The discussion will take place on Tuesday, January 11, 2022 at 1:30 PM ET. If you would like to schedule a meeting with management, please contact Brett.Milotte@icrinc.com.
24y Needham Virtual Growth Annual Conference
Forbes CEO Mike Federell and Chief Financial Officer Michael York will participate in a fireplace chat hosted by Needham Equity research analyst Laura Martin on the 24y Needham Virtual Growth Annual Conference. The discussion will take place on Thursday, January 13, 2022 at 1:15 PM ET. If you would like to schedule a meeting with management, please contact your Needham representative.
Participants can access a live webcast of live chats on the Forbes Investor Relations website at https://www.forbes.com/connect/investor-relations/.
In August 2021, Forbes announced its plans to go public by merging the business with Magnum Opus, enabling the company to further benefit from its successful digital transformation, using technology and data-driven insights to create more deeply engaged audiences, and the associated high quality and recurring revenue streams through DTC’s direct-to-consumer strategy. In late November 2021, Magnum Opus filed a seed agent with the Securities and Exchange Commission and shortly thereafter Forbes announced its financial results to date through the third quarter of 2021.
The business combination is subject to usual closing conditions and is expected to be completed in the first quarter of 2022. Upon closing of the business combination, the company will operate under the Forbes name and is expected to be listed on the New York Stock Exchange trading under the new symbol “FRBS”.
Forbes champions success by celebrating those who made it, and those who aspire to achieve it. Forbes convenes and nurtures the most influential leaders and entrepreneurs who drive change, transform business, and make a significant impact on the world. Today, the Forbes brand reaches more than 150 million people worldwide through its trusted journalism, LIVE and Forbes virtual events, customized marketing programs, and 44 licensed local editions in 77 countries. Forbes Media’s consumer offers premium memberships and affiliate revenue offerings. Forbes Media’s brand extensions include real estate licensing agreements, education and financial services.
Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), a special purpose acquisition firm (SPAC), which is expected to close in the first quarter of 2022.
For more information, please visit Forbes Investor Relations.
About Magnum Opus
Magnum Opus Acquisition Limited is a special purpose acquisition company sponsored by L2 Capital, a private investment firm. Magnum Opus is a partnership of enterprise builders and investment professionals in the public and private markets who have extensive operating and investing experience throughout the business lifecycle from incorporation and scaling up of operations through public listing. Magnum Opus aims to partner with ready-made public organizations at the forefront of the convergence of consumption and technology. Magnum Opus’ mission is to support companies achieve their vision as they embark on their journey in the public markets and confront new opportunities, challenges and stakeholders.
For more information, please visit Investor Relations: Magnum Opus Acquisition Limited (OPA).
About the ICR . Conference
For more than 20 years, the ICR Conference has brought together management teams from public and private companies with institutional investors, sell-side research analysts, investment bankers, private equity specialists, and select media. The main platform for gaining insight into future trends and growth strategies as well as exchanging ideas has become a must-have event for networking. The event is considered one of the largest investment conferences of the year, featuring presentations by more than 300 public and private companies, with a regular attendance of over 2,500.
For more information, please visit www.icrconference.com.
Important information and where to find it
In connection with the proposed transaction, Magnum Opus has submitted a preliminary proxy statement and plans to submit a final proxy statement in connection with a meeting of Magnum Opus shareholders to vote on the proposed transaction. Magnum Opus shareholders and other interested persons are encouraged to read the preliminary introductory statement, and when any amendments thereto and the final proxy statement are available as well as other documents to be submitted to the Securities and Exchange Commission because these documents contain, or contain, information about Magnum Opus and Forbes The proposed treatment. A final proxy statement will be mailed to Magnum Opus shareholders as of a standard date to be set for a vote on the proposed transaction. Once available, Magnum Opus shareholders will also be able to obtain a copy of the power of attorney and other documents filed with the SEC at no charge, by directing a request to: Unit 1009, ICBC Tower, Three Garden Road, Central, Hong Kong. The initial proxy statement and, once available, the final proxy statement can also be obtained, free of charge, on the SEC website (www.sec.gov).