The world's only large-scale construction media glass supplier: Captivision Inc. (CAPT) (formerly GLAAM)

Captivision Inc. (NASDAQ: CAPT), formerly known as GLAAM, Co., Ltd., was founded in 2014 and completed the cooperation with Special purpose acquisition company The merger of Jaguar Global Growth Corporation I (Nasdaq: JGGC) was launched and changed to the current name, Headquartered in Korea In Seoul, GLAAM is the first and only large-scale construction media glass supplier in the world.

Captivision (CAPT) Encyclopedia of US Stocks

Captivision (formerly GLAAM) is the inventor of G-Glass, the world's first IT building materials and building display products. GLAAM's building glass has a light transmittance of 99.7%, embedded LED lights, so that the building can become a huge narrative canvas without damage real estate Value or building durability. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

Captivision produces G-Glass, an integrated architectural IT product, which combines architectural glass with customizable large-scale digital media display functions. This product can turn buildings into huge digital art canvases and transmit real-time events radio broadcast , and become an interactive experience through sensor and smartphone connection. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

Captivision has 24 global patents. The company's innovation is at the forefront of the media architecture revolution, transforming buildings into media equipment. Since the first large-scale installation in 2014, the company has completed more than 460 G-Glass installation projects, including 15000 square feet of facilities for the 2018 Pingchang Winter Olympics, and 43000 square feet of facilities in Qatar's View (Cedars Sinai) Hospital Largest in the world Transparent media screen. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

Investment highlights of Captivision (CAPT)

• An important and expanded total addressable market centered on the digital outdoor media (DOOH) market: the global DOOH content delivery market is currently valued at about US $20 billion, and is expected to grow by 12% annually from 2021 to 2025. With its innovative display technology, G-Glass extends the coverage of DOOH media to transparent vertical real estate, creating additional value for building owners and developers, while bringing advertising and media revenue to GLAAM.
• Proprietary G-Glass products are superior to alternatives and provide value to all stakeholders: traditional display options, including LED screens, LED grids and LED strips, provide little or no transparency and have a durability of less than five years. G-Glass combines media functions, 99.7% transparency, low operating costs and building level durability to provide long-term operating cost savings for owners and developers, with a saving rate of about 80%.
• Technological innovation, mass production and market leadership provide a competitive advantage under the high entry threshold: GLAAM has 24 patents and more than 30 proprietary raw materials. In addition, the company has an annual production capacity of 1.4 million square feet, including completely proprietary, self-developed production lines, allowing mass production with the highest quality. These competitive advantages reflect the development of more than ten years and the R&D investment of more than 185 million dollars, which makes GLAAM estimate to be 10-15 years ahead of its competitors.
• There is a huge and growing global pipeline in DOOH's place and large wall market: as the core principle of its growth strategy, GLAAM seeks to continue international expansion, focusing on large-scale projects including multi unit digital place networks and large digital city wall scenes. GLAAM's current pipeline includes potential projects of more than 1 billion dollars under discussion, of which the opportunity of 86 million dollars is considered "high probability".
• The growth strategy is driven by strong international sales, and the emphasis on advertising media is strengthened: GLAAM aims to strengthen regional sales and market resources in Asia, the Middle East, Europe and the Americas. In order to occupy the growing share of the DOOH market, the company is working hard to expand its "Glass as a Service" (GaaS) model, which reduces customers' upfront costs while retaining their earnings, while allowing GLAAM to expand its profits and achieve profits in installations with an expected life of more than 30 years.
• The established operation foundation provides a runway for rapid growth: the company will achieve a revenue of 21 million dollars in 2022, and Covid-19 The core EBITDA profitability of breakeven has been re realized under the resistance of. As GLAAM implements its current business pipeline and promotes its GaaS model, it is expected that the company will achieve a revenue of 51 million dollars in 2023 and 71 million dollars in 2024, with corresponding EBITDA profit margins of 44% and 48% respectively.

Listing of Captivision (CAPT)

On March 2, 2023, GLAAM Co., Ltd., a leading designer and manufacturer of architectural display glass, signed a clear business merger agreement with Jaguar Global Growth Corporation I (NASDAQ: JGGC, JGGCR and JGGCW), which will make GLAAM a listed company. As a result of the business merger, GLAAM and Jaguar Global shareholders will exchange their shares in exchange for shares in the newly merged company ("NewCo"). After the completion of the transaction, it is expected to be listed on the NASDAQ Stock Market ("Nasdaq") with the new stock code in the event of later renaming. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

Assuming that the public shareholders of Jaguar Global do not redeem, the combined company estimates the enterprise value after the transaction to be 309 million dollars. The respective boards of directors of Jaguar Global and GLAAM have unanimously approved the transaction, which is expected to be completed in the third quarter of 2023, but requires the approval of regulators and shareholders. The shareholders of GLAAM will transfer 100% of their existing shares of GLAAM into the merged company. It is estimated that the current shareholders of GLAAM will own about 36.1% of the shares of the merged company after the proposed business merger. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

On September 28, 2023, Jaguar Global (NASDAQ stock code: JGGC) announced in the morning that its shareholders had approved the merger with GLAAM, the glass manufacturer, at the special meeting on September 27. The merged company will be renamed Captivision, and its shares and warrants will be traded on NASDAQ with the codes of "CAPT" and "CAPTW". The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

On November 15, 2023, Jaguar Global (NASDAQ stock code: JGGC) announced this afternoon that it had completed the merger with GLAAM, the glass manufacturer. Upon completion of the transaction, the merged company will be named "Captivision Inc.". The common shares and public warrants of Captivision began trading on NASDAQ on November 16, with the stock codes of "CAPT" and "CAPTW" respectively. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/capt.html

Captivision (CAPT) US equity investment