G Squared Ascend I Inc

G Squared Ascend I Inc. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded by Larry Aschebrook, Edward Wilson Davis & Thomas L. Hoban on October 26, 2020 and is headquartered in Chicago, IL.

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NEW YORK , Jan. 25, 2023 /PRNewswire/ -- G Squared Ascend I Inc. (the " Company ") (NYSE: GSQD.U, GSQD, GSQD.W), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share (the " Public Shares "), effective as of the close of business on February 9, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the " Articles "). As such, in accordance with the Company's Articles, the Company will: cease all operations as of February 9, 2023, except for the purpose of winding up; as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company's trust account (the "Trust Account"), including interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company's income taxes, if any (less up to $100,000 of interest to pay dissolution expenses), divided by the number of the Public Shares then in issue, which redemption will completely extinguish public Members' (as defined in the Articles) rights as Members of the Company (including the right to receive further liquidation distributions, if any); and as promptly as reasonably possible following such redemption, subject to the approval of the Company's remaining Members and the Company's board of directors, liquidate and dissolve,  subject in each case, to the Company's obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.

G Squared Ascend I Will Redeem Public Shares

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of G Squared Ascend I Inc. (the “Company”), each whole warrant exercisable for one Class A ordinary share — ticker symbol GSQD.W — from the NYSE.

NYSE to Suspend Trading Immediately in Warrants of G Squared Ascend I Inc. (GSQD.W) and Commence Delisting Proceedings

Partnership extended via new private financing CHICAGO and NEW YORK , Oct. 11, 2022 /PRNewswire/ -- G Squared Ascend I Inc. (NYSE: GSQD) ("G Squared Ascend I"), a publicly traded special purpose acquisition company sponsored by affiliates of G Squared, and Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, a digital freight startup driving modern supply chain performance with its AI platform, today announced the mutual termination of their previously announced business combination agreement due to current public market conditions. Concurrently, G Squared and New Enterprise Associates, Inc. ("NEA") will lead a private round of investment to support Transfix's continued growth.

G Squared and Transfix Mutually Agree to Terminate Business Combination Agreement

– Television Host Jason Cameron will renovate Jess Graham's rig and host a virtual reveal during National Truck Driver Appreciation Week 2022 – NEW YORK , Sept. 8, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Jess Graham– a Snellville, Georgia-based truck driver and community advocate– as the winner of the second-annual "TransFIX My Rig" makeover contest.

Transfix Announces Winner of Second-Annual "TransFIX My Rig" Makeover

– API connectivity allows e2open TMS clients to access dynamic market information with simple setup requiring only a few clicks – NEW YORK , Aug. 31, 2022 /PRNewswire/ -- Transfix, Inc.  ("Transfix"), the Intelligent Freight Platform™, today announced new API connectivity with e2open's global multi-modal Transportation Management System (TMS), providing shippers with easy automated access to dynamic market rates and capacity. Transfix's new integration with e2open, the connected supply chain SaaS platform with the largest multi-enterprise network, will allow shippers on e2open's platform to access Transfix's nationwide network of top-performing full truckload (FTL) carriers for van and reefer equipment types.

Transfix Integrates with e2open Transportation Management System to Offer Shippers Real-Time and Spot Market Rates

– Dedicated Freight Management, Digital Negotiation Experience, and Load Insights keep trucks fully loaded at the best rates – NEW YORK , Aug. 18, 2022 /PRNewswire/ -- Transfix, Inc.  ("Transfix"), the Intelligent Freight Platform™, today announced the release of a new suite of features for its Fleet Management System (FMS). Now, carriers can book and manage dedicated freight and contract rates with some of the nation's largest shippers, digitize their bidding experience for quicker negotiation, and easily identify attractive loads that offer great rates or flexible pickup times.

Transfix Enhances the Carrier Experience to Boost Long-Term Resilience

– Tzeng brings enterprise AI product expertise to connect shippers and carriers intelligently, sustainably, and at scale – NEW YORK , Aug. 11, 2022 /PRNewswire/ -- Transfix, Inc.  ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio.

Transfix Appoints First-Ever Chief Product Officer Tony Tzeng to Continue Digital Transformation of the Supply Chain

Digital trucking platform Transfix Inc. and its special purpose acquisition company G Squared Ascend I Inc. said they have postponed their merger date by six months to Nov. 3 due to an unfavorable climate for SPAC transactions. The original May 3 merger date was pushed back due to suboptimal market conditions, G Squared (NYSE: GSQD) said in a statement posted earlier this week on Transfix's website.

Transfix, SPAC partner postpone merger until November

– Company commits to the Road Freight Zero Initiative, working to advance the deployment of zero-emission fleets and infrastructure –  NEW YORK , May 20, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced it has become a part of The World Economic Forum's Global Innovators Community with a focus on the Road Freight Zero Initiative. Launched in 1971, The World Economic Forum is an international non-governmental and lobbying organization created with the vision to build, connect, and engage the foremost global community of start-ups and scale-ups to further the mutual impact in the world.

Transfix Joins The World Economic Forum's Global Innovators Community

– Applies nearly a decade of data and machine learning models for shippers to make strategic decisions that balance cost, predictability, and service – NEW YORK , May 9, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the launch of a beta program for its new sourcing optimization tool. The solution is designed to modernize the traditional freight procurement process by allowing shippers to calibrate carrier commitments and optimize their freight spend.

Transfix Drives Optimized Freight Procurement with Dynamic Solution that Offers Real-Time Recommendations

NEW YORK , May 6, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix" or the "Company"), the Intelligent Freight Platform™, today announced record financial results for the first quarter of 2022. First Quarter 2022 Financial Highlights : Total Revenue increased 50% from the first quarter of 2021, to $90 million.

Transfix Reports Record First Quarter 2022 Results

Digital freight platform Transfix announced fourth-quarter growth in key financial metrics Tuesday. Full-year 2021 provided the company with many milestones, including record financial results.

Transfix sees record results ahead of public listing

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix" or the "Company"), a leading next-generation digital freight platform, today announced financial results for the fourth quarter and full year 2021. 2021 Full-Year Financial Results : Total Revenue increased 60% from 2020, to $296 million Gross Profit increased 74% from 2020, to $17.4 million.

Transfix Reports Record 2021 Results

NEW YORK, Feb. 10, 2022 /PRNewswire/ -- Transfix Inc. ("Transfix"), a leading, next-generation digital freight platform, announced today a new partnership with The Trucking Fitness Company (TFC) to encourage the best possible health and livelihood for drivers across the country. Truck drivers live a unique lifestyle, filled with a significant number of constraints that make it difficult to prioritize personal health.

Transfix Announces Partnership With The Trucking Fitness Company

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- Transfix Inc. ("Transfix"), a leading, next-generation digital freight platform, today announced the addition of Guy Byars as Senior Vice President of Carrier Growth, and Jennifer Mosso as Vice President of Shipper Growth. Byars brings two decades of freight experience, previously having built a $100MM+ brokerage division for Echo and Jones, and leading Schneider National and C.A.T.

Transfix Expands Leadership Team with Seasoned Industry Hires

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Transfix Inc. ("Transfix"), a leading, next-generation digital freight platform, announced today that it has been Certified™ by Great Place to Work®. The prestigious award is based entirely on current employees and their honest experiences while working at Transfix.

Transfix Earns Great Place to Work Certification™

New York, New York--(Newsfile Corp. - September 27, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased G Squared Ascend I, Inc. (NYSE: GSQD) ("G Squared" or "Company") stock prior to September 21, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of G Squared with Tra

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of G Squared Ascend I, Inc. with Transfix Inc.

Transfix and G Squared Ascend I (GSQD), just announced their intentions to merge, rendering tremendous upside potential to this under-the-radar SPAC.

SPAC To The Future: An AI-Fueled Freight Marketplace With Boundless Potential

With a goal of building the world's most connected and intelligent freight platform, Transfix is set to go public with a SPAC deal announced Tuesday. The SPAC Deal: Transfix will go public via a SPAC merger with G Squared Ascend I (NYSE: GSQD).

Logistics Company Transfix Announces SPAC Deal: What Investors Should Know

On Tuesday, digital freight platform Transfix announced it has reached an agreement with special purpose acquisition company G Squared Ascend I Inc., sponsored by affiliates of venture capital fund G Squared, to go public under the New York Stock Exchange ticker symbol TF. The transaction is expected to close by the end of Q1 2022, with a total implied pro forma enterprise value for Transfix of $1.1 billion and approximately $375 million in cash net of transaction expenses if there are no redemptions by G Squared Ascend I's stockholders.

Transfix announces SPAC plans with investor G Squared

Transfix Inc., a digital freight platform, said Tuesday it is going public by merging with special-purpose acquisition corporation G Squared Ascend I GSQD, +1.55% in a deal with a pro forma enterprise value of $1.1 billion. The deal is expected to close in the first quarter of 2022, leaving Transfix with about $375 million of cash to accelerate growth plans.

Digital freight platform Transfix to go public via merger with SPAC

NEW YORK--(BUSINESS WIRE)--Transfix Inc. (“Transfix”), a leading digital freight platform, today announced it has entered into a definitive business combination agreement with G Squared Ascend I, Inc. (“G Squared Ascend I”) (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared (“G Squared”), a growth-stage venture capital fund manager focused on the technology sector. The closing of the transaction is expected by the end of the first quarter 2022. The combined

Transfix, Inc., a Leading, Next-generation Digital Freight Platform, to Become a Publicly Traded Company Through a Business Combination With G Squared Ascend I, Inc.

CHICAGO, May 28, 2021 /PRNewswire/ -- G Squared Ascend I Inc. (NYSE: GSQD, the "Company") announced today that on May 25, 2021, the Company received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual because the Company has not timely filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing of the Company's stock on the NYSE, and indicated that the Company has six months to file its Form 10-Q to regain compliance.

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