MIAMI–(BUSINESS WIRE)–Infinite Assets, Inc., a Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize and drive consumer engagement with digital content, today proudly names David (Dave) Williams, Chief Financial Officer and Erick (Rick) Kwak, Chief Legal Officer. Prior to joining InfiniteWorld, Williams held various financial roles at Apple for over 20 years. He also held the role of Apple’s Claris Division CFO for the latter seven years of his stay at the Company. Kwak previously held key roles at various high growth private and public companies, holding titles including Executive Vice President and Head of Business and Legal Affairs at Content Media Corporation Ltd. for 12+ years.
“There are infinite possibilities when it comes to Web3 and unlocking the next human experience,” said Brad Allen, CEO at InfiniteWorld. “We’ve strengthened our vision, technology and infrastructure that will bring brands and creators into Web3 and the Metaverse. Now we’re rounding out our leadership team by bringing in two key executives, Dave and Rick, who we know will help us carry out our vision. Both of them bring unique insights and skills that will move us closer to reaching our goals in sight.”
Most recently, Williams was CFO of Penn National Gaming, where he was charged with partnering with executive team members to design and develop capital structure strategies and processes for driving revenue growth.
“I’m excited to join Brad, Rick and the fantastic team at InfiniteWorld,” said Dave Williams, Chief Financial Officer at InfiniteWorld. “I look forward to helping the team achieve the company’s business objectives and drive value for our shareholders.”
Kwak currently sits on the advisory board for Anjekumi, an XR gaming platform company with which he has been working to design and implement legal frameworks and capital structures.
“I’m honored to be joining the incredible team at InfiniteWorld and excited to be helping them navigate the largely uncharted waters of the Web3 ecosystem,” said Rick Kwak, Chief Legal Officer at InfiniteWorld.
About InfiniteWorld
InfiniteWorld is a leading Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement and experiences with digital content. InfiniteWorld is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company. The company has been highly sought after by brands and creators for its ability to create immersive programs around NFTs and other digital assets that offer high-level experiences and engagement for their consumers and communities.
About Aries I Acquisition Corporation
Aries I Acquisition Corporation (NASDAQ: RAM) was founded by its Chairman, Thane Ritchie. Aries is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On December 13, 2021, Aries and InfiniteWorld announced that they had entered into a definitive business combination agreement. Closing of the business combination is subject to customary closing conditions including the approval of the shareholders of Aries.
For materials and information, visit https://www.infiniteworld.com/ for InfiniteWorld and https://www.ariescorp.io/ for Aries.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Aries or InfiniteWorld, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.
Important Additional Information Regarding the Transaction Will Be Filed With the SEC
In connection with the proposed business combination, Aries intends to file with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 containing a preliminary proxy statement and a preliminary prospectus of Aries, and after the registration statement is declared effective, Aries will mail a definitive proxy statement/prospectus relating to the proposed business combination to its shareholders and InfiniteWorld’s shareholders. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. Aries’s shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed business combination, as these materials will contain important information about InfiniteWorld, Aries and the proposed business combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to shareholders of Aries as of a record date to be established for voting on the proposed business combination. Such shareholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Aries I Acquisition Corporation, 23 Lime Tree Bay, P.O. Box 1569 Grand Cayman, Cayman Islands.
Participants in the Solicitation
Aries and InfiniteWorld and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Aries’ shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Aries’ shareholders in connection with the proposed business combination will be set forth in Aries’ registration statement on Form S-4, including a proxy statement/prospectus, when it is filed with the SEC. Investors and security holders may obtain more detailed information regarding the names and interests in the proposed transaction of Aries’ directors and officers in Aries’ filings with the SEC and such information will also be in the Registration Statement to be filed with the SEC by Aries, which will include the proxy statement/prospectus of Aries for the proposed transaction.
