D. Boral Capital: Architect of Nova Vision's Real Messenger Deal

D. Boral Capital, a leading investment bank, played a pivotal role in facilitating the successful business combination between Nova Vision Acquisition Corporation (NASDAQ: NOVV) and Real Messenger. As the capital markets advisor to Nova Vision, D. Boral Capital leveraged its extensive experience and global network to structure and execute this strategic transaction.

The business combination between Nova Vision and Real Messenger was completed in the fourth quarter of 2023 and marked a significant milestone for both companies. Real Messenger, a chat-based platform reimagining real estate connections, became a publicly traded company on the Nasdaq, trading under the symbols "RMSG" and "RMSGW." The deal was valued at a pre-money enterprise value of approximately $150 million at closing.

D. Boral Capital's deep understanding of the middle market and emerging growth companies, along with its global network of investors and capital sources, was instrumental in bringing the two companies together. The investment bank successfully aggregated the necessary funds for the transaction, including a $19.0 million cash in trust held by Nova Vision and an additional $20 million from a private investment in public equity (PIPE).

The strategic advice provided by D. Boral Capital during the negotiation and due diligence phases was crucial in ensuring a fair and attractive deal for shareholders of both Nova Vision and Real Messenger. The investment bank likely offered guidance on valuation, transaction structuring, and regulatory compliance, enabling a smooth and timely closing of the merger.

D. Boral Capital's expertise in technology and real estate also contributed to the strategic fit between Real Messenger and Nova Vision. By leveraging its extensive knowledge of these industries, the investment bank was able to identify synergies and facilitate a successful business combination.



In conclusion, D. Boral Capital's role as a capital markets advisor to Nova Vision Acquisition Corporation was instrumental in the successful completion of the business combination with Real Messenger. The investment bank's global network, industry expertise, and strategic guidance enabled the deal to close at a $150 million pre-money enterprise value, paving the way for Real Messenger's listing on the Nasdaq. This transaction underscores D. Boral Capital's ability to create value for clients through strategic advisory and financing solutions, further cementing its reputation as a leader in the global capital markets.