Transfix Inc. (Transfix), a leading digital freight platform, has announced that it has entered into a definitive business combination agreement with G Squared Ascend I, Inc. (G Squared Ascend I) (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared (G Squared), a growth-stage venture capital fund manager focused on the technology sector. The closing of the transaction is expected by the end of the first quarter 2022. The combined company is expected to be listed on the NYSE under the ticker symbol TF. The transaction implies a pro forma enterprise value for Transfix of US$1.1 billion. Latham & Watkins LLP represents Transfix in the transaction with a corporate deal team led by Washington, D.C. partners Rachel Sheridan and Paul Sheridan, New York partner Justin Hamill, New York counsel Michael Anastasio, and Washington, D.C. counsel Christopher Cronin, with associates Monica Hernandez, Joshua Reisman, and Concepcion Olivera, and special legal consultant Alexander González Castillo. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Derek Gumm, and on benefits and compensation matters by New York partner Jennifer Pepin, with associate Alisa Hand.~~