Trebia Acquisition Shareholders Approve Business Combination with System1

LOS ANGELES, Jan. 20, 2022 (GLOBE NEWSWIRE) — System1, an omnichannel customer acquisition marketing platform, and Trebia Acquisition, a special purpose acquisition company formed by entities affiliated with William P. Foley II and Frank Martire Jr, announced today, January 20, 2022, that in a special meeting, Trebia’s shareholders voted to approve its proposed business combination with System1, among other matters voted upon by Trebia’s shareholders. Approximately 93.57% of the votes cast at the meeting were in favor of the Business Combination with 68.63% of Trebia’s outstanding shares voting.

Pursuant to the Business Combination, as of the closing System1 will combine with Trebia, and Trebia will change its name to “System1, Inc.”. Following the closing, System1’s common stock is expected to trade on the New York Stock Exchange (“NYSE”) under the ticker symbol “SST”.

About System1
System1 combines best-in-class technology & data science to operate its advanced Responsive Acquisition Marketing Platform (RAMP). System1’s RAMP is omnichannel and omnivertical, and built for a privacy-centric world. RAMP enables the building of powerful brands across multiple consumer verticals, the development & growth of a suite of privacy-focused products, and the delivery of high-intent customers to advertising partners.

For more information, visit www.system1.com.

About Trebia Acquisition Corp.
Trebia Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more business entities. The company was founded by William P. Foley, II and Frank R. Martire, Jr. on February 11, 2020 and is headquartered in New York, NY.