Cloud Leap Technology Limited is a public company duly incorporated under the
laws of the Republic of South Africa under registration number 2017/038925/06.
Newly formed Cloud Leap plans to raise capital by way of a private placement and list by way of introduction as a Special Purpose Acquisition Company (“SPAC”) on the JSE.
With the proceeds, Cloud Leap aims to build an ICT group through executing shareholder approved acquisitions in an increasingly attractive investment segment.
To build a listed technology group that will facilitate and capitalise on businesses taking the Leap into the Cloud.
Cloud Leap will grow through aggressive acquisitions and organically into a significant force in the ICT sector with significant market capitalisation within 3 years of the first acquisition.
To acquire, redesign and/or develop a series of enabling technologies that can position it as the leading cloud computing provider in the Southern African market.