Dec 20 (Reuters) -
* ZEROFOX, LEADING EXTERNAL CYBERSECURITY SAAS PROVIDER, ANNOUNCES PLAN TO ACQUIRE IDX AND BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH L&F ACQUISITION CORP.
* L&F ACQUISITION CORP - EXPECTED EQUITY VALUE OF COMBINED ENTITIES IS APPROXIMATELY $1.4 BILLION
* L&F ACQUISITION CORP - TRANSACTION INCLUDES $170 MILLION IN FINANCING LED BY MONARCH ALTERNATIVE CAPITAL LP
* L&F ACQUISITION CORP - COMBINED COMPANY WILL BE RENAMED ZEROFOX HOLDINGS, INC. AND EXPECTS TO BE LISTED UNDER TICKER SYMBOL "ZFOX"
* L&F ACQUISITION CORP - UPON CLOSING OF TRANSACTION, COMBINED COMPANY WILL BE RENAMED ZEROFOX HOLDINGS
* L&F ACQUISITION CORP - FINANCING INCLUDES PARTICIPATION FROM VICTORY PARK CAPITAL, CORBIN CAPITAL, EXISTING SHAREHOLDER PELOTON EQUITY, AMONG OTHERS
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