Cannae Holdings, Inc. announced the completion of the business combination (the “Business Combination”) between System1 (together with Protected.net Group, “System1”) and Trebia Acquisition Corp., a special purpose acquisition company formed by entities affiliated with William P. Foley II and Frank Martire Jr. The Business Combination was approved by a majority of Trebia stockholders at a special meeting held on January 20, 2022. Through a series of transactions, System1 has merged with Trebia, and Trebia has changed its name to “System1, Inc.” as of the closing date. Beginning on January 28, 2022, System1's common stock is expected to begin trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “SST.” System1's management team, led by Chief Executive Officer and Co-Founder Michael Blend, will continue to lead the combined company, while Trebia co-founders William P. Foley II and Frank Martire Jr. will join the combined company's Board of Directors.