Presto, a Leading Provider of Restaurant Labor Productivity Technologies, to be Publicly Listed Through a Merger With Ventoux CCM Acquisition Corp (NASDAQ: VTAQ)
Presto, a leading provider of restaurant labor productivity technologies, and Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ: VTAQ), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Presto becoming a publicly listed company.
- Presto, a leading provider of restaurant labor productivity technologies, and Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ: VTAQ), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Presto becoming a publicly listed company.
- As restaurants reopen and guests are anxious to return, an acute labor shortage is preventing the industry from bouncing back.
- According to data from the Bureau of Labor Statistics, eating and drinking place employment remains 1.5 million below pre-pandemic levels.
- Presto is a market leader in restaurant labor productivity, overlaying next-generation digital solutions onto the physical world.