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    Aries I Acquisition Corporation (RAM)

    Price:

    10.60 USD

    ( - 0 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    RAM
    Name
    Aries I Acquisition Corporation
    Industry
    Shell Companies
    Sector
    Financial Services
    Price
    10.600
    Market Cap
    62.432M
    Enterprise value
    183.744M
    Currency
    USD
    Ceo
    Randolph H. Brinkley
    Full Time Employees
    Ipo Date
    2021-07-09
    City
    Grand Cayman
    Address
    90 North Church Street

    Check the

    KEY TAKEAWAYS

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    SIMILAR COMPANIES STI SCORE

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    Market Cap
    378.134M
    Industry
    Shell Companies
    Sector
    Financial Services

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    Symbol
    MACI
    Market Cap
    227.027M
    Industry
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    Sector
    Financial Services

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    M3-Brigade Acquisition V Corp. Units

    VALUE SCORE:

    11

    Symbol
    MBAVU
    Market Cap
    280.000M
    Industry
    Shell Companies
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -398.967
    P/S
    0
    P/B
    1.504
    Debt/Equity
    0
    EV/FCF
    -40.544
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    0
    Earnings yield
    -0.003
    Debt/assets
    0
    FUNDAMENTALS
    Net debt/ebidta
    0.061
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    -0.003
    Debt to market cap
    0
    Piotroski Score
    2.000
    FUNDAMENTALS
    PEG
    -3.990
    P/CF
    -127.184
    P/FCF
    -40.711
    RoA %
    -0.336
    RoIC %
    -1.591
    Gross Profit Margin %
    0
    Quick Ratio
    0.701
    Current Ratio
    0.701
    Net Profit Margin %
    0
    Net-Net
    -0.850
    FUNDAMENTALS PER SHARE
    FCF per share
    -0.083
    Revenue per share
    0
    Net income per share
    -0.027
    Operating cash flow per share
    -0.083
    Free cash flow per share
    -0.083
    Cash per share
    0.014
    Book value per share
    7.049
    Tangible book value per share
    7.049
    Shareholders equity per share
    7.049
    Interest debt per share
    0
    TECHNICAL
    52 weeks high
    11.430
    52 weeks low
    10.060
    Current trading session High
    10.600
    Current trading session Low
    10.590
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    DESCRIPTION

    Aries I Acquisition Corporation does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

    NEWS
    https://images.financialmodelingprep.com/news/siyata-mobile-and-ram-mounts-partner-to-launch-innovative-20250724.jpg
    Siyata Mobile and RAM® Mounts Partner to Launch Innovative In-Vehicle Solutions for Push-to-Talk Handsets

    prnewswire.com

    2025-07-24 07:00:00

    Solutions to be Showcased at APCO 2025 July 27-30 at Baltimore Convention Center VANCOUVER, BC , July 24, 2025 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of mission-critical Push-to-Talk over Cellular (PoC) handsets and accessories, today announced a strategic partnership with RAM® Mounts, an industry leader in rugged, U.S.-made mounting systems, to deliver advanced in-vehicle solutions tailored to Siyata's SD7, SD7 ULTRA handsets and future roadmap handsets. The companies will debut their integrated solutions at APCO 2025, July 27 - 30 at the Baltimore Convention Center in Baltimore, Maryland.

    https://images.financialmodelingprep.com/news/tmobile-ram-liquid-death-awarded-most-engaging-super-bowl-20250210.jpg
    T-Mobile, RAM, Liquid Death Awarded Most Engaging Super Bowl LIX Ads

    businesswire.com

    2025-02-10 11:07:00

    NEW YORK--(BUSINESS WIRE)--EDO, the TV outcomes company, today released its annual ranking of all national Super Bowl LIX ads, awarding brands like T-Mobile, RAM, and Liquid Death with the most engaging spots of the night. For a decade, EDO has scored every Super Bowl ad from pre-kick to post-game based on how effective each spot is at driving consumer behaviors — such as website visits and brand searches — immediately after the airing. “This year's Super Bowl advertisers were more diverse than.

    https://images.financialmodelingprep.com/news/aries-i-acquisition-corporation-announces-extension-of-deadline-to-20220919.jpg
    Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

    businesswire.com

    2022-09-19 16:30:00

    CAYMAN ISLANDS--(BUSINESS WIRE)--Aries I Acquisition Corporation (NASDAQ: RAMMU, RAM, RAMMW) (“Aries” or the “Company”), a special purpose acquisition company, announced today that, on September 13, 2022, it notified the trustee of the Company’s trust account that it was extending the time available to the Company to consummate a business combination from September 21, 2022 to October 21, 2022 (the “Extension”). The Extension is the second of up to twelve one-month extensions permitted under Aries’ governing documents. In connection with such Extension, on September 16, 2022, Aries Acquisition Partners, Ltd., the Company’s sponsor, deposited an aggregate of $80,362.03 into Aries’ trust account, on behalf of the Company. The Extension provides Aries with additional time to complete its proposed business combination with Infinite Assets, Inc. (“InfiniteWorld”), a Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement with digital content. About Aries I Acquisition Corporation Aries 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. 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. 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    https://images.financialmodelingprep.com/news/infiniteworld-further-strengthens-executive-bench-with-newly-appointed-chief-20220913.jpg
    InfiniteWorld Further Strengthens Executive Bench with Newly Appointed Chief Financial Officer and Chief Legal Officer

    businesswire.com

    2022-09-13 09:30:00

    MIAMI--(BUSINESS WIRE)--Infinite Assets, Inc. (“InfiniteWorld”), 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    https://images.financialmodelingprep.com/news/aries-i-acquisition-corporation-announces-extension-of-deadline-to-20220818.jpg
    Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

    businesswire.com

    2022-08-18 16:30:00

    GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)--Aries I Acquisition Corporation (NASDAQ: RAMMU, RAM, RAMMW) (“Aries” or the “Company”), a special purpose acquisition company, announced today that, on August 16, 2022, it notified the trustee of the Company’s trust account that it was extending the time available to the Company to consummate a business combination from August 21, 2022 to September 21, 2022 (the “Extension”). The Extension is the first of up to twelve one-month extensions permitted under Aries’ governing documents. In connection with such Extension, on August 17, 2022, Aries Acquisition Partners, Ltd., the Company’s sponsor, deposited an aggregate of $80,362.03 into Aries’ trust account, on behalf of the Company. The Extension provides Aries with additional time to complete its proposed business combination with Infinite Assets, Inc. (“InfiniteWorld”), a Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement with digital content. About Aries I Acquisition Corporation Aries 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. 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. 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    https://images.financialmodelingprep.com/news/infiniteworld-acquires-super-bit-machine-to-bring-immersive-crossplatform-20220804.jpg
    InfiniteWorld Acquires Super Bit Machine to Bring Immersive Cross-Platform Gaming Experiences to Web3

    businesswire.com

    2022-08-04 08:05:00

    MIAMI--(BUSINESS WIRE)--Infinite Assets, Inc. (“InfiniteWorld”), a Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement with digital content, today announced its strategic acquisition of Super Bit Machine, an independent gaming studio and Armajet developer, founded by industry veterans with experience running massive multiplayer “Top 10” grossing games on iOS and Android, including Bingo Blitz by Buffalo Studios. This acquisition will further bolster InfiniteWorld's ability to bring best-in-class Web3 and Metaverse experiences to brands and creators, with the addition of real-time multiplayer game development capabilities, which will now be part of its core offerings portfolio. This acquisition also signals the continued crossover between blockchain and gaming platforms and connects traditional gamer experiences that are currently delivered through mobile devices, PCs, and consoles with dynamic Web3 functionality. “The true gateway to the Metaverse is through gaming and we’re thrilled to have acquired a proven leader in that space that understands and values the traditional gamer experience,” said Brad Allen, CEO of InfiniteWorld. “By partnering with veteran game developers who’ve made significant strides in their industry, we’re taking a natural step towards becoming the go-to for brands and creators looking to enter the Web3 space. We look forward to continuing to push the limits of what is possible by amplifying the expertise and vision of our new Super Bit Machine team members.” “We believe gaming is central to scaling mass adoption of Web3,” said Alexander Krivicich, founder of Super Bit Machine. “We’ve been at the forefront of creating cross-platform, cross-play competitive gaming experiences, and we understand that the future of these interactions will take place in the Metaverse. InfiniteWorld continues to solidify itself as a leader in Metaverse technologies by integrating gaming as a core pillar of its strategy for brands and creators. By combining our work with InfiniteWorld’s Web3 capabilities and Metaverse infrastructure expertise, we can show the world what a Web3-enabled gaming platform should look like, while building the proper infrastructure to connect third parties to the platform. We’re excited to take these Metaverse gaming experiences to the next level and show brands how to enter Web3 the right way. We’re firm believers that new technologies can never replace creating a well-designed and thoughtful experience that will resonate with players.” Founded in 2015, Super Bit Machine was one of the first to bring fast-paced, multiplayer competitive experiences to the mobile gaming ecosystem. InfiniteWorld’s acquisition of Super Bit Machine lays the foundation for high-quality Web3 and Metaverse experiences where traditional gamers and the masses can connect together seamlessly on any platform without the need for robust hardware. This strategic acquisition represents the next step forward in InfiniteWorld’s mission to continue partnering with industry leaders that can help their team create powerful experiences in the Metaverse. About Super Bit Machine Super Bit Machine is an independent gaming studio founded by industry veterans with a focus on creating spectator-friendly competitive games that bring people together across all platforms. Its flagship title, Armajet, is a highly competitive action game that has won several awards, including Apple’s Game of the Day in the US and internationally. Armajet is built on Super Bit Machine’s proprietary low-latency, real-time multiplayer netcode and platform to enable cross-platform play between mobile, PC, and console at scale. The Super Bit Machine team has worked together across multiple studios for over a decade. They have founded and led acquisitions to Playtika, Caesars Interactive Entertainment, Zynga, and now to 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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    InfiniteWorld Recruits Seasoned Tech Veteran, Alan Krassowski, as Chief Technology Officer

    businesswire.com

    2022-08-02 08:05:00

    MIAMI--(BUSINESS WIRE)--Infinite Assets, Inc. (“InfiniteWorld”), a Web3 and Metaverse infrastructure company that enables brands and creators to create, monetize and drive consumer engagement with digital content, today announced that the company has hired Alan Krassowski as the Company's new Chief Technology Officer— replacing Lucas Henning, who will become Chief Technology Officer at Suku, InfiniteWorld’s Web3 partner. Henning will also act as senior advisor to InfiniteWorld and work with Krassowski as he transitions into the CTO role. "I'm excited to be a part of the InfiniteWorld team," said Alan Krassowski, Chief Technology Officer at InfiniteWorld. "The paradigm shifts happening in the tech world right now are something I’m passionate about, and I greatly admire how InfiniteWorld is playing a significant role in the exciting transition into Web3. I've been a part of many high-caliber, high-performing teams throughout my career. I look forward to bringing that expertise to this role and becoming a valuable asset to InfiniteWorld in order to further build out our world-class solutions and lead the company to its full potential." Prior to InfiniteWorld, Krassowski served as CTO, Chief Architect, VP of Technology, and Senior Director of Engineering at global companies such as ConsenSys Capital, Intel Security, Symantec, Cylance and Kiva. In his new role, Krassowski will replace his predecessor, Henning, who will move on to become the full-time CTO at Suku. "I have the utmost faith in Alan's expertise and ability to lead the InfiniteWorld team and continue to drive innovation for the company," said Lucas Henning, Chief Technology Officer at Suku. "I couldn't be prouder of the work we've done over the last year, and I look forward to working side-by-side with Alan in my new role at Suku as we work with InfiniteWorld to take Web3 to the next level." As one of the Co-Founders of InfiniteWorld, Henning has played a pivotal role in defining InfiniteWorld's technical vision. He has been driving the conception, architecture, and technical implementation of InfiniteWorld's solutions such as InfiniteWorld's NFT marketplace, TextMeNFT, and NFT Grade. Henning will remain involved as a Senior Advisor to the CTO and collaborate with the Company in his role as the CTO of Suku. “The strength of our team lies in the passion and experience we all bring to the table,” said Brad Allen, Chief Executive Officer at InfiniteWorld. “Alan is inheriting a strong and innovative team of engineers who’ve been led well by Lucas up to this point. I have no doubts both of these CTO transitions will lead to the benefit and growth of InfiniteWorld and we will bring more brands and creators into the Metaverse.” 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    https://images.financialmodelingprep.com/news/infiniteworld-launches-nft-grade-bringing-the-level-of-trust-20220712.jpg
    InfiniteWorld Launches "NFT Grade" Bringing the Level of Trust and Confidence of the Traditional Art World to Web3

    businesswire.com

    2022-07-12 16:13:00

    MIAMI--(BUSINESS WIRE)--NFT Grade, an application for generating condition reports for NFTs with the level of detail akin to those in traditional art markets, launches today. A co-creation by NFT infrastructure company InfiniteWorld, which announced entry into an business combination agreement with Aries I Corporation (Nasdaq: RAM) in December 2021, and artist Sean Shim-Boyle, NFT Grade brings a new level of trust and confidence to Web3 by providing unparalleled data and insights into NFTs, including energy consumption in Co2—an increasingly important component for users to incorporate in evaluating the carbon footprint of NFTs. Distinguishing itself from other platforms that offer condition reports, NFT Grade can be leveraged to evaluate NFTs across the Ethereum, Hedera, and Polygon blockchain networks. Yonathan Lapchik, Co-Founder of InfiniteWorld, said “The high level of detail offered by InfiniteWorld's NFT Grade product gives collectors the ability to accurately assess the real value of any given NFT, providing much needed trust and assessment tools to the NFT community.” The model is heavily inspired by the tools already used by artists, curators, conservators, insurance companies, appraisers, and museum professionals to keep track of the changing physical condition of real world assets. NFT Grade delivers information on an asset’s smart contract code and storage platforms, breaking down technical topics and details in an easy-to-digest fashion. Introducing these tools to the NFT space brings a much needed foundation of trust to the industry and will help educate those interested in digital assets to understand the real value of NFTs prior to making a purchase. “While there is enormous potential for NFTs to serve the best interests of artists, artist estates, foundations, museums, galleries, and auction houses among others—tools to validate acts of integrity from artifice and to distinguish the work of con-men from the sincere are needed,” said artist and NFT Grade co-creator Sean Shim-Boyle. Wes Geisenberger, VP of Sustainability & ESG at The HBAR Foundation, has articulated, “The synthesis of NFTs and traditional art will only be possible with the advent of authentication technology like NFT Grade; we are very pleased NFT Grade is able to fill a critical role in our ecosystem as a trusted validation tool that institutions require. This is the first use case of the open source Guardian for capturing the artists’ process digitally. Through this process we can ensure authenticity as art is shared in physical and digital formats and provide new monetization opportunities for artists. There is a huge financial opportunity around proving provenance of art pieces to make sure that the quality of pieces of artwork are upheld.” For more information on NFT Grade visit: NFTGrade.com For more information on InfiniteWorld visit: https://www.infiniteworld.com/ About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, is an NFT and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement with digital content, and is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company. InfiniteWorld has been highly sought after by brands and creators for its ability to create 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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    InfiniteWorld Recognized as "Best Whitelabel Marketplace Creation Platform" by OpenSea-Supported Awards at NFT.NYC

    businesswire.com

    2022-06-24 09:30:00

    MIAMI, Fla.--(BUSINESS WIRE)--At NFT.NYC, metaverse infrastructure company InfiniteWorld won the award for Best Whitelabel Marketplace Creation Platform by community vote. More than 18,000 votes were counted across all NFT-related awards, which were supported by OpenSea, APENNFT, and NFT.Kred at the much-anticipated NFT extravaganza in New York City. InfiniteWorld supports brands and creators with the technology and tools they need to create and execute a metaverse strategy, including the design, creation, minting, and promotion of NFTs to enhance community engagement. For more information on InfiniteWorld visit: https://www.infiniteworld.com/ For media inquiries, please contact Nick Rodriguez at nick[at]melrosepr[dot]com. About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse infrastructure company that enables brands to create, monetize, and drive consumer engagement with digital content, is poised to become a publicly traded company through a SPAC merger via Aries I Acquisition Corporation (Nasdaq: RAM) ("Aries"), a special purpose acquisition company. InfiniteWorld has been highly sought after for its ability to create programs around NFTs and other digital assets that offer increased conversion at a lower cost than its competitors while deploying its technology at a faster rate. About Aries I Acquisition Corporation Aries I Acquisition Corporation (NASDAQ: RAM) was founded by its Chairman, Thane Ritchie. The Company is a blank check 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 stockholders 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the "Agreement"); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under "Risk Factors" therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    https://images.financialmodelingprep.com/news/infiniteworld-a-leading-metaverse-infrastructure-platform-for-brands-and-20220526.jpg
    InfiniteWorld, a Leading Metaverse Infrastructure Platform for Brands and Creators, Provides Updates on Its Progress Toward Completing Its Listing Through a Business Combination With Aries I Acquisition Corporation

    businesswire.com

    2022-05-26 08:00:00

    MIAMI--(BUSINESS WIRE)--Infinite Assets, Inc. (“InfiniteWorld” or the “Company”), a leading Metaverse infrastructure platform that enables brands to create, monetize and drive consumer engagement with digital content, and Aries I Acquisition Corporation (Nasdaq: RAM) (“Aries”), a special purpose acquisition company, are pleased to provide various updates reflecting strong progress toward consummating later this year the previously announced business combination between InfiniteWorld and Aries. The Company and Aries are pleased to announce that media and technology veteran Brad Allen has agreed to join InfiniteWorld as its Chief Executive Officer. Mr. Allen most recently served as Executive Chairman at Vaunt, a sports and entertainment IP development and content company for athletes, artists, and creators. He was previously Executive Chairman of NextVR, a virtual reality company subsequently acquired by Apple. He has multiple decades of experience working globally in the technology, media, sports, and finance industries, and has also served as a director of multiple private and public companies. Yonathan Lapchik, who has been serving as InfiniteWorld’s CEO and is a Co-Founder of the Company, will remain involved as a Senior Advisor to the CEO and collaborate with the Company in his role as the CEO of InfiniteWorld’s Web 3.0 partner, SUKU. Mr. Allen stated, “I am excited and honored to be joining InfiniteWorld at this inflection point in the Company’s development and at the very early days of what we believe to be a rapidly opening market for all elements of the Metaverse and Web 3.0, including digital asset creation, infrastructure, and engagement. InfiniteWorld has capabilities that I believe are well-positioned at the intersection of digital content, content creators large and small, communities of users and consumers, and next generation engagement and marketing strategies for brands around the world. I look forward to a successful business combination with Aries and our ability to grow and develop as one of the first pure-play Metaverse companies in the public markets.” Mr. Lapchik stated, "InfiniteWorld has experienced strong momentum this year, which puts us in a position to bring on Brad Allen, a seasoned sports, media and technology executive, to take the company to the next level of growth. It’s a bittersweet moment for me but we have always anticipated bringing on new leadership for this phase. Serving as CEO of both InfiniteWorld and SUKU at the same time has been my true pleasure and I believe has been beneficial for both companies. Brad can now help InfiniteWorld transition into its next stage as a public entity. This will allow me to devote more energy to my passion for decentralization through SUKU, which I believe will help deepen InfiniteWorld’s integration with other decentralized Web 3.0 ecosystems and communities." InfiniteWorld and Aries are actively working on all relevant workstreams relating to the business combination and InfiniteWorld becoming a public company later this year. There is no minimum cash condition to closing the transaction. Thane Ritchie, Chairman of Aries, stated, “We remain highly enthusiastic about our upcoming business combination with InfiniteWorld. The level of energy and momentum at the Company continues to be exceptionally high. We are delighted that InfiniteWorld was able to attract Brad to serve as its CEO, and we are pleased with the progress that the Company continues to make with respect to becoming a public company and one of the first pure-play public companies focused on the Metaverse.” About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, is an NFT and Metaverse infrastructure company that enables brands and creators to create, monetize, and drive consumer engagement with digital content, and is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company. InfiniteWorld has been highly sought after by brands and creators for its ability to create 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. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and InfiniteWorld’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and InfiniteWorld’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive business combination agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and InfiniteWorld following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and InfiniteWorld, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on InfiniteWorld’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that InfiniteWorld or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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    Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

    businesswire.com

    2022-05-16 18:00:00

    GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)--Aries I Acquisition Corporation (NASDAQ: RAMMU, RAM, RAMMW) (“Aries” or the “Company”), a special purpose acquisition company, announced today that, on May 13, 2022, it notified the trustee of the Company’s trust account that it was extending the time available to the Company to consummate a business combination from May 21, 2022 to August 21, 2022 (the “Extension”). The Extension is the first of up to two three-month extensions permitted under Aries’ governing documents. In connection with such Extension, Aries Acquisition Partners, Ltd., the Company’s sponsor, will deposit an aggregate of $1,078,125 into Aries’ trust account prior to May 21, 2022, on behalf of the Company. The Extension provides Aries with additional time to complete its proposed business combination with Infinite Assets, Inc., a leading Metaverse infrastructure platform that enables brands to create, monetize and drive consumer engagement with digital content. About Aries I Acquisition Corporation Aries is a blank check company that was formed for the purpose of effecting a business combination with a target with a disruptive technology in the blockchain and digital currency, aerospace, satellites and space exploration, quantum computing and chemistry, artificial intelligence and machine learning and cybersecurity sectors. About Infinite Assets Inc. Infinite serves as a bridge between the physical and digital worlds. The Company empowers leading global brands, creators and Web3 companies with the infrastructure they need to create digital assets and NFTs (non-fungible tokens) and engage with customers and fans in the Metaverse, allowing them to support and foster stronger relationships with consumers. Infinite currently has 130 employees globally and has partnered with over 75 brands and creators since its founding. Current investors in Infinite include Morgan Creek Digital, GSR, Wintermute, Blockchain Coinvestors, Bill Shihara, among others. Infinite recently combined with one of its key strategic partners, DreamView, Inc. (“DreamView”), a globally scalable technology company bringing creative strategy and content solutions to brands around the world. Founded in 2016 by the same visionaries who pioneered computer-generated imagery (“CGI”) technologies at Lucasfilm and Disney, DreamView’s visual effects and 3D artforms have been leveraged in major blockbuster films, major brand campaigns, sporting events, and other major consumer engagement events. DreamView continues to drive innovative solutions for the creation, management, distribution, licensing and monetization of clients’ products as clients transition into the digital world. For materials and information, visit https://www.infiniteworld.com/ for Infinite and https://www.ariescorp.io/ for Aries. Additional Information and Where to Find It In connection with the proposed business combination, Aries intends to file a Registration Statement on Form S-4, including a preliminary proxy statement/prospectus and a definitive proxy statement/prospectus with the SEC. 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 documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain important information about Infinite, 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. 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 that will be incorporated by reference therein, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to Aries’ secretary at 90 N. Church Street, P.O. Box 10315, Grand Cayman, Cayman Islands KY-1003. Participants in Solicitation Aries and its directors and executive officers may be deemed participants in the solicitation of proxies from Aries’ shareholders with respect to the business combination. A list of the names of those directors and executive officers and a description of their interests in Aries will be included in the proxy statement/prospectus for the proposed business combination and be available at www.sec.gov. Additional information regarding the interests of such participants will be contained in the proxy statement/prospectus for the proposed business combination when available. Infinite and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Aries in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the proxy statement/prospectus for the proposed business combination, which will be made available as noted in the above paragraph. Cautionary Statement Regarding Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and Infinite’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and Infinite’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive merger agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and Infinite following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and Infinite, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on Infinite’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that Infinite or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. No Offer or Solicitation This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

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    InfiniteWorld Partners With Chibi Dinos to Create and Launch the Chibiverse

    businesswire.com

    2022-05-11 09:05:00

    SAN FRANCISCO--(BUSINESS WIRE)--InfiniteWorld, community & infrastructure for the Metaverse that gives brands a platform to create, monetize, and drive consumer engagement through digital content, and Chibi Dinos, a blockchain gaming company providing the most innovative and entertaining utility for gamers and sports fans through NBA Street-Esque and play-and-earn gameplay, are proud to announce the launch of the "Chibiverse." The Chibiverse is based on the original "Chibi Dinos," intellectual property (IP) composed of 10,000+ uniquely generated NFTs created by serial entrepreneur Sean Kelly. “The Chibiverse is a wonderful project to work on and is proof positive of InfiniteWorld’s core capabilities with regards to creating Web3 gaming experiences,” said Nathaniel Hunter, COO of InfiniteWorld. “The gaming experiences crafted alongside Chibi Dinos founder Sean Kelly and his team are truly unique, we’re betting people will enjoy exploring the Chibiverse and all they can experience in our three-pronged gaming ecosystem. It’s fun, playable IP driven experiences like Primal Hoop and Chibi Adventures, all within the Chibiverse that will encourage brands and individuals to explore all the Metaverse has to offer.” The Chibiverse includes one of the first Metaverse play-and-earn sports games in our ecosystem – a basketball game called Primal Hoop, along with its action-adventure game, Primal Pick’em, a first-of-its-kind sports predictor leveraging the Chibi Dinos NFTs, and Chibi Adventures, in which players can explore the planet, fight enemies, develop skills, and find rare items that can be bought and sold on the marketplace. In Primal Hoop, the Chibi Dinos (pint-size anime dinosaurs) all play on one of 10 different Dino-themed basketball teams captained by real-world professional NBA/WNBA players, including Terrance Mann, P.J. Washington, and more names to be announced too. Both Primal Hoop and Chibi Adventures have been developed by InfiniteWorld’s gaming division. “I’m excited to partner with Chibi Dinos because I see the value of blockchain gaming, a play-and-earn in-game economy, and the exclusive experiences Chibi Dinos are curating for their holders both IRL and in the metaverse,” said Charlotte Hornets, Forward, PJ Washington. InfiniteWorld has taken Sean Kelly’s 10,000+ randomly generated 2D NFT breakout drop and brought these NFT Dinos into gorgeous, fun, and vibrant 3D life. The 10,000+ 3D Chibis will be gifted to the original prior to the launch of Primal Hoop Shootout. “Partnering with InfiniteWorld in 2021 was an exciting moment for us because we knew they would be critical in bringing the Chibiverse to beautiful, 3D life. We are excited to invite players and collectors into the Chibiverse,” said Sean Kelly, founder of Chibi Dinos. “This is the starting point for Chibi Dinos core gaming ecosystem, and we can’t wait for people to descend on Planet Hoop and start to take part in all that the Chibiverse has to offer. InfiniteWorld is a tremendous partner to work with and we couldn’t be happier with the direction we’re headed in together.” The Chibis are available for purchase with Ethereum on the OpenSea NFT marketplace. About Chibi Dinos Chibi Dinos LLC is a blockchain gaming company providing the most innovative and entertaining utility for gamers and sports fans through NBA Street-Esque gameplay with playable NFT characters. Boasting a robust in-gaming ecosystem and real-world experience and prize rewards, Chibi Dinos are redefining the definition of play-and-earn. Use your Chibi Dinos NFT to play on one of the ten basketball teams in the Chibi Dinos universe to earn tokens, potions, rankings, gear, and more. Compete in tournaments, PVP games, or explore the Chibi Dinos adventure universe for rare items, unlockable content, asset advancement, and staking opportunities. About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse infrastructure company that enables brands to create, monetize, and drive consumer engagement with digital content, is poised to become a publicly traded company through a SPAC merger via Aries I Acquisition Corporation (Nasdaq: RAM) ("Aries"), a special purpose acquisition company, that is expected to close during 1H22. InfiniteWorld has been highly sought after for its ability to create programs around NFTs and other digital assets that offer increased conversion at a lower cost than its competitors while deploying its technology at a faster rate.

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    InfiniteWorld Partners With Sports & Entertainment IP Company Vaunt to Create Metaverse Community of World-Class Creators

    businesswire.com

    2022-05-04 13:00:00

    MIAMI--(BUSINESS WIRE)--Metaverse infrastructure company Infinite Assets, Inc. (“InfiniteWorld”) partners with sports and entertainment intellectual property (IP) company Vaunt Inc. (“Vaunt”)to create a Metaverse community of creators, including world-class athletes, artists, celebrities, and brands. This strategic partnership comes on the heels of InfiniteWorlds’ investment in Vaunt's $5M Series A financing round, which also included participation from the investment arm of the Los Angeles Dodgers’ ownership group Elysian Park Ventures. Other notable shareholders and investors in Vaunt include the National Basketball Players Association, former president of Turner Media David Levy, and True Capital Management (a financial management company representing more than 250 professional athletes). The exclusive partnership includes InfiniteWorld creating and distributing Vaunt branded NFTs for their live streaming events of alternative sports competitions. InfiniteWorld, which in December 2021 announced that it had entered into a business combination agreement with Aries I Acquisition Corporation (Nasdaq: RAM) (“Aries”), has a track record of supporting global brands to enter the Metaverse through NFT engagement and community experiences. Recent NFT partners of InfiniteWorld include McLaren Automotive. Vaunt Co-Founder and CEO as well as former NBA player Roger Mason Jr., said, "We're very excited to be partnering with InfiniteWorld, a leader in establishing brand experiences in the Metaverse, and we look forward to collaborating to build a Web3 culture that people want to participate in. Culture is formed by creators—artists, athletes, entertainers, and influencers—that's what we bring to the future of Web3." Yonathan Lapchik, CEO of InfiniteWorld, said, "By combining Vaunt's entertainment and sports IP with InfiniteWorld's metaverse infrastructure, we aim to create a Web3 culture spanning the physical and digital worlds that's unlike anything being attempted by other NFT platforms." For more information on InfiniteWorld visit: https://www.infiniteworld.com/. About Vaunt Vaunt is a Sports and Entertainment intellectual property (IP) development company that creates and produces alternative sports competitions and content. Vaunt partners with athletes, artists, and entertainers to develop unique interactive fan experiences that fuse entertainment with technology, social, sports betting, and merchandise including collectibles and non-fungible tokens (NFTs). From ideation to implementation, Vaunt provides the infrastructure for talent to monetize their passions while cultivating community and building sustainable and scalable brands. Vaunt was founded by former NBA Star and business executive Roger Mason Jr. and startup and technology executive Omari Ware. To learn more, visit www.vaunt.com. You can also find us on Twitter @Vaunt and Instagram @Vaunt. About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse infrastructure company that enables brands to create, monetize, and drive consumer engagement with digital content, is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company. InfiniteWorld has been highly sought after for its ability to create programs around NFTs and other digital assets that offer increased conversion at a lower cost than its competitors while deploying its technology at a faster rate. About Aries I Acquisition Corporation Aries I Acquisition Corporation (NASDAQ: RAM) was founded by its Chairman, Thane Ritchie. The Company 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, InfiniteWorld announced its entry into a definitive business combination agreement with Aries. 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 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.

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    McLaren Automotive enters the metaverse in partnership with InfiniteWorld

    businesswire.com

    2022-04-12 13:31:00

    MIAMI--(BUSINESS WIRE)--Effective March 13, 2022, Luxury British supercar maker McLaren Automotive selected InfiniteWorld, a leading metaverse infrastructure platform that enables brands to create, monetise and drive consumer engagement with digital content, as its first official metaverse partner. The partnership with InfiniteWorld, which announced entry into an agreement with Aries I Corporation (Nasdaq:RAM) in December 2021, will enable McLaren to offer customers a deeper, more engaged digital experience, including the creation and minting of original NFTs (non-fungible tokens) and digital artwork that will represent McLaren’s luxury supercars and hypercars. Select NFTs may be offered with additional unique benefits, including access to exclusive, buyer-only experiences. All will then be made available on a McLaren marketplace. As part of the new partnership, the InfiniteWorld brand will be represented on the McLaren Automotive partner stack. “Our decision to select InfiniteWorld to partner with to enter the metaverse is the next step in our digital Web3 journey. “Increasingly in demand from our customers and fans alike, this exciting new partnership will draw on InfiniteWorld’s leading expertise to create and offer a range of digital content on the McLaren marketplace. The partnership aims to push the boundaries and elevate the experience, characteristics both synonymous with the McLaren brand in everything we do.” Gareth Dunsmore, Chief Marketing Officer, McLaren Automotive "InfiniteWorld is delighted to be chosen as McLaren Automotive’s official metaverse partner. We offer the best-in-class technology and design for Web3 experiences. InfiniteWorld will soon provide McLaren’s customers ground-breaking enhanced and exclusive digital experiences to elevate their membership in the McLaren universe. "InfiniteWorld looks forward to leveraging our advanced NFT and metaverse infrastructure to showcase McLaren Automotive's exceptional and compelling products and experiences in the metaverse. Our industry-leading expertise in NFTs and branded digital experiences positions InfiniteWorld to deliver on McLaren's ambitious goals in this rapidly developing and expanding space.” Yonathan Lapchik, Chief Executive Officer, InfiniteWorld About McLaren Automotive: McLaren Automotive is a creator of luxury, high-performance supercars. Every vehicle is hand-assembled at the McLaren Production Centre (MPC) in Woking, Surrey, England. Launched in 2010, the company is now the largest part of the McLaren Group. The company’s product portfolio of GT, supercar, Motorsport and Ultimate models are retailed through over 100 retailers in 40 markets around the world. McLaren is a pioneer that continuously pushes the boundaries. In 1981, it introduced lightweight and strong carbon fibre chassis into Formula 1 with the McLaren MP4/1. Then in 1993 it designed and built the McLaren F1 road car - the company has not built a car without a carbon fibre chassis since. As part of the Ultimate Series, McLaren was the first to deliver a hybrid hypercar, the McLaren P1™. In 2016, it announced a new hybrid hyper-GT and confirmed in 2018 that the next Ultimate car would be the Speedtail. 2019 saw McLaren launch the 600LT Spider, the new GT and the track-only McLaren Senna GTR. It also unveiled the 620R and McLaren Elva before launching the 765LT the following year. Most recently, the company unveiled its all-new high-performance hybrid supercar, the McLaren Artura. The Artura is the first McLaren to benefit from the McLaren Carbon Lightweight Architecture (MCLA). The MCLA is designed, developed and manufactured at the McLaren Composites Technology Centre in the Sheffield region of England using world-first processes and will spearhead the brand’s electrified future. McLaren Automotive also chooses to partner with like-minded, world-leading companies and organisations who push the boundaries in their respective fields. These include AkzoNobel, Ashurst, Dell Technologies, Gulf, Pirelli, Richard Mille, Plan International and Tumi. About McLaren Group: The McLaren Group is a global leader in luxury automotive and elite motorsports with a focus on its Automotive supercar and Racing businesses. Founded in 1963 by racer, engineer and entrepreneur Bruce McLaren, the Group is formed of McLaren Automotive, which hand-builds lightweight supercars; and a majority stake in McLaren Racing which competes in the Formula 1 World Championship and INDYCAR in the US. The Group is globally headquartered at the iconic McLaren Technology Centre in Woking, Surrey, England. With a reputation for innovation and technological excellence, McLaren is one of the UK’s largest independent companies. About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse infrastructure company that enables brands to create, monetize, and drive consumer engagement with digital content, is poised to become a publicly traded company through a SPAC merger via Aries I Acquisition Corporation (Nasdaq: RAM) ("Aries"), a special purpose acquisition company. InfiniteWorld has been highly sought after for its ability to create programs around NFTs and other digital assets that offer increased conversion at a lower cost than its competitors while deploying its technology at a faster rate. About Aries I Acquisition Corporation Aries I Acquisition Corporation (NASDAQ: RAM) was founded by its Chairman, Thane Ritchie. The Company is a blank check 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, InfiniteWorld announced its entry into a definitive business combination agreement with Aries I Acquisition Corp. (Nasdaq: RAM). Closing of the business combination, subject to customary closing conditions including the approval of the stockholders of Aries I Acquisition Corp., is expected in the first half of 2022. 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 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/consent solicitation statement relating to the proposed business combination to its stockholders 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 stockholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus/consent solicitation statement and the amendments thereto and the definitive proxy statement/prospectus/consent solicitation statement 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/consent solicitation statement and other relevant materials for the proposed business combination will be mailed to stockholders of Aries as of a record date to be established for voting on the proposed business combination. Such stockholders will also be able to obtain copies of the preliminary proxy statement/prospectus/consent solicitation statement, the definitive proxy statement/prospectus/consent solicitation statement 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. Further information: Piers Scott PR & Communications Director +44 (0) 7387 548 837 piers.scott@mclaren.com Daniel Golding Global Head of Corporate Communications +44 (0) 7717 450 469 daniel.golding@mclaren.com Paul Chadderton Global Head of PR +44 (0) 7990 776 749 paul.chadderton@mclaren.com Alex Kelly PR Manager +44 (0) 7920 500 685 alexander.kelly@mclaren.com Hunter Skipworth Global Digital PR Manager +44 (0) 7990 564 052 hunter.skipworth@mclaren.com Charlotte Jatana Social Media Executive +44 (0) 7468 715 904 charlotte.jatana@mclaren.com Kevin Ritson Press Officer +44 (0) 7979 546018 kevin.ritson@mclaren.com Chloe-Elise Bradford Press Officer +44 (0) 7920 363 479 chloe-elise.bradford@mclaren.com Roger Ormisher Vice President, Communications & PR +1 714 501 8137 roger.ormisher@mclaren.com Laura Conrad Public Relations Manager +1 765 517 2186 laura.conrad@mclaren.com Lauren Dowdy Press Officer – North America +44 (0) 7818 537 845 lauren.dowdy@mclaren.com Adam Gron Regional PR & Marketing Manager – Europe, Middle East and Africa +973 (0) 66 398 339 adam.gron@mclaren.com Abe Quigley Head of Marketing, China +86 (0) 152 2199 6912 abe.quigley@mclaren.com Gracia Yap PR Manager – Asia Pacific +65 6338 3700 +65 9109 3698 gracia.yap@mclaren.com Mihoko Negishi PR Manager – Japan +81 (3) 6675 4313 mihoko.negishi@mclaren.com Media website: cars.mclaren.press Facebook: www.facebook.com/mclarenautomotive Twitter: www.twitter.com/McLarenAuto YouTube: www.youtube.com/mclarenautomotivetv LinkedIn: www.linkedin.com/company/mclaren-automotive-ltd

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    NFT Infrastructure Company InfiniteWorld Announces a Partnership With Artist Sean Shim-Boyle to Develop Condition Reports for NFTs

    businesswire.com

    2022-03-23 12:00:00

    MIAMI--(BUSINESS WIRE)--Canadian-born artist Sean Shim-Boyle, known for his site-specific architectural interventions, partners with NFT infrastructure company InfiniteWorld to create NFT Grade, an application for generating condition reports for NFTs, which will launch the first beta this Spring 2022. NFT Grade will be developed in alignment with the traditional art world with the aim of establishing a baseline of trust and transparency for an emerging technology plagued by opaque business practices and inadequate protections for producers and consumers. The public launch of NFT Grade will leverage Hedera Hashgraph, the world’s most sustainable, utilized, and enterprise-grade blockchain to assess the design, technology, environmental impact, storage, and compliance of NFTs. NFT Grade will go to market with support from the HBAR Foundation, an entity formed to fuel the development of the Hedera ecosystem by providing grants and other resources to developers. Sean Shim-Boyle shared, "As a sculptor, I am acutely aware that the strength and durability of things can rarely be discerned by merely looking at them. While there is enormous potential for NFTs to serve the best interests of artists, artist estates, foundations, museums, galleries, and auction houses among others - tools to validate acts of integrity from artifice and to distinguish the work of con-men from the sincere are needed. First we must do no harm.” Wes Geisenberger, VP of Sustainability & ESG at The HBAR Foundation, said, "The synthesis of NFTs and traditional art will only be possible with the advent of authentication technology like NFT Grade; we are very pleased NFT Grade is able to fill a critical role in our ecosystem as a trusted validation tool that institutions require. This is the first use case of the open-source Guardian for capturing the artists’ process digitally. Through this process we can ensure authenticity as art is shared in physical and digital formats and provide new monetization opportunities for artists. There is a huge financial opportunity around proving provenance of art pieces to make sure that the quality of pieces of artwork are upheld.” Yonathan Lapchik, CEO of InfiniteWorld, expressed, “As an NFT infrastructure company, we operate at the cutting edge of decentralized technology, design, and authentication. Modeling the highest possible standards of practice is core to our mission and the key to our continued success and why our partnership with Sean and Hedera to build NFT Grade is timely and appropriate. We believe we have much to offer and much more to learn.” For more information on NFT Grade and InfiniteWorld visit: https://www.infiniteworld.com/ About InfiniteWorld InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse infrastructure company that enables brands to create, monetize, and drive consumer engagement with digital content, is poised to become a publicly traded company through a SPAC merger via Aries I Acquisition Corporation (Nasdaq: RAM) ("Aries"), a special purpose acquisition company, that is expected to close in Q3 of 2022. InfiniteWorld has been highly sought after for its ability to create programs around NFTs and other digital assets that offer increased conversion at a lower cost than its competitors while deploying its technology at a faster rate. 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 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/consent solicitation statement relating to the proposed business combination to its stockholders 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 stockholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus/consent solicitation statement and the amendments thereto and the definitive proxy statement/prospectus/consent solicitation statement 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/consent solicitation statement and other relevant materials for the proposed business combination will be mailed to stockholders of Aries as of a record date to be established for voting on the proposed business combination. Such stockholders will also be able to obtain copies of the preliminary proxy statement/prospectus/consent solicitation statement, the definitive proxy statement/prospectus/consent solicitation statement 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.

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    InfiniteWorld Adds Milica Zec as Chief Metaverse Officer

    businesswire.com

    2022-03-10 16:30:00

    MIAMI--(BUSINESS WIRE)--Infinite Assets, Inc. (“InfiniteWorld”), a leading metaverse infrastructure platform that enables brands to create, monetize and drive consumer engagement with digital content, announced today the company has added Milica Zec to its executive team as Chief Metaverse Officer. Zec will lead the company’s metaverse initiatives, including current and upcoming projects and partnerships for brand development. Prior to joining InfiniteWorld, Zec co-founded New Reality Company where she served as Producer and Director, Mixed Reality & Metaverse. At New Reality, she assembled and led dozens of teams of up to 100+ people in the creation, marketing, audience building and fundraising of projects in multiple industries and media. “We are very pleased for Milica to join the InfiniteWorld team in this important role,” said InfiniteWorld CEO Yonathan Lapchik. “Milica brings a tremendous level of leadership, innovation and expertise in the metaverse to the company. Her impressive experience will have a significant impact on our company as we move forward.” “I am thrilled to be joining InfiniteWorld and their vibrant community in exploring the new and exciting worlds that are unfolding in this unprecedented time in media and technology,” added Zec. “Combining cutting-edge tools, interdisciplinary talent, and a passion for creation and discovery, InfiniteWorld is uniquely situated for building and expanding truly innovative experiences in the metaverse, and it’s an honor to be embarking on this quest together.” Named one of Adweek’s Top 100 creatives, Zec directed and produced critically acclaimed VR experiences Giant and Tree. The universal message and wide reach of her projects have enabled her to connect with a large number of high-profile world leaders, decision-makers and innovators across the globe. Across film, art, mixed reality and metaverse, she has formed numerous partnerships with major corporations including Nvidia, Microsoft, Epic Games, Intel, Adobe, HP, HTC, and Oculus. Her projects have received four grants from Epic Games and she continues to maintain a close relationship with them and other key members of the tech, gaming, and creative industries. On December 13, 2021, InfiniteWorld and Aries entered into a definitive agreement for a business combination (the “Business Combination”) that upon consummation is expected to result in InfiniteWorld becoming a publicly traded company. Upon closing of the transaction, the combined company is expected to be listed on the Nasdaq Global Select Market under the ticker symbol “JPG”. The Business Combination is expected to close in the first half of 2022. About Aries I Acquisition Corporation Aries I Acquisition Corporation was founded by its Chairman, Thane Ritchie. The Company is a blank check 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. While the Company may pursue an initial business combination target in any industry or geographic region, the Company intends to focus its initial business combination search on the following industry segments: aerospace, satellites, and space exploration; quantum computing and chemistry; artificial intelligence and machine learning; cybersecurity; and blockchain and digital currencies. About InfiniteWorld InfiniteWorld, part of the Suku Ecosystem, is dedicated to provide Plug & Play NFT infrastructure and utility to enable global brands to build their identity on the metaverse in a scalable, secure and innovative way. At InfiniteWorld, we help brands and creators increase engagement, traceability and authenticity for real world and virtual products, events, and interactive experiences. With InfiniteWorld's own NFT marketplace, NFC tags authenticity technology, white-label NFT marketplace solution, and NFT utility tools, InfiniteWorld is the go-to place for brands and creators venturing into the Metaverse! Additional Information and Where to Find It Aries intends to file a registration statement on Form S-4 (the “Registration Statement”) with the SEC which will include a proxy statement and a prospectus of Aries, and each party will file other documents with the SEC regarding the proposed transaction. A definitive proxy statement/prospectus will also be sent to the shareholders of Aries, seeking any required shareholder approval. Before making any voting or investment decision, investors and security holders of Aries are urged to carefully read the entire Registration Statement and proxy statement/prospectus, when they become available, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. Aries shareholders and InfiniteWorld stockholders will also be able to obtain copies of the preliminary Proxy Statement, the definitive Proxy Statement 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’s secretary at 90 N. Church Street, P.O. Box 10315, Grand Cayman, Cayman Islands KY-1003. No Offer or Solicitation This communication and any oral statements made in connection with this communication are for informational purposes only and shall not constitute a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transaction, and are not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law. Participants in Solicitation Aries and its directors and executive officers may be deemed participants in the solicitation of proxies from Aries’s shareholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in Aries is contained in Aries’s registration statement on Form S-1 (File No. 333-253806), which was declared effective by the SEC on May 18, 2021. To the extent such holdings of Aries’s securities may have changed since that time, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Additional information regarding the interests of such participants will be contained in the Proxy Statement for the proposed Business Combination when available. InfiniteWorld and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from Aries’s shareholders with respect to the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination will be included in the Proxy Statement for the proposed Business Combination when available. Cautionary Statement Regarding Forward-Looking Statements Certain statements made in this press release, and oral statements made from time to time by representatives of Aries and InfiniteWorld are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements regarding the proposed business combination and expectations regarding the combined business are “forward-looking statements.” In addition, words such as “estimates,” “projects,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the inability of the parties to complete the proposed Business Combination; the risk that the approval of the shareholders of Aries for the proposed Business Combination is not obtained; the inability to recognize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, the amount of funds available in Aries’ trust account following any redemptions by Aries’ shareholders; the ability to meet the NASDAQ’s listing standards following the consummation of the transactions contemplated by the proposed Business Combination; costs related to the proposed Business Combination; and those factors discussed in the registration statement and final prospectus relating to Aries’ initial public offering filed with the SEC on May 18, 2021, Item 1A. Risk Factors of the Form 10-Q for the quarter ended September 30, 2021 filed with the SEC on November 22, 2021 and other documents of Aries filed, or to be filed, with the SEC. Aries and InfiniteWorld do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.