Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...
Ribbon (NASDAQ:RIBB) has entered into a definitive agreement to combine with Japanese biotech firm DRC Medicine at a pro forma equity value of $422 million. Tokyo-based DRC Medicine manufactures reusable anti-bacterial and anti-allergen wearables and aims to go deeper into the medical device and pharmaceutical space. Transaction Overview Ribbon is expected to provide $50.4 million...
Launch One (NASDAQ:LPAA) has entered into a definitive agreement to combine with biotech firm Minovia Therapeutics at a $180 million pre-money valuation. Haifa, Israel-based Minovia is developing a drug platform based on mitochondrial cell therapies to potentially treat rare disorders as well as the effects of aging and other causes of bodily degeneration. The combined...
Columbus Circle I (NASDAQ:CCCM) has entered into a definitive agreement to combine with ProCap Financial as part of a raise of about $1 billion in capital for the target company. ProCap aims to build a Bitcoin treasury that will eventually provide the backing for a financial institution providing investment banking services. The combined company is...
Quartzsea (NASDAQ:QSEA) has entered into a definitive agreement to combine with plastic goods manufacturer Gaokai at a pre-money equity value of $520 million. Zhejiang, China-based Gaokai manufactures recyclable polyethylene terephthalate (PET) plastic cups and lids from its in-house factory. The combined company is expected to trade on the Nasdaq under the name Cuisine Universal under...
Churchill IX (NASDAQ:CCIX) has entered into a definitive agreement to combine with autonomous trucking technology firm Plus at a pro forma enterprise value of $1.308 billion. Santa Clara, California-based Plus is developing software to autonomously drive heavy trucks that it expects to launch commercially in 2027. The combined company is expected to trade on the...
Investcorp Europe I (OTC:IVCBF) has entered into a definitive agreement to combine with construction firm nexxbuild for $55 million in share consideration. The target company is launching a wholesale building materials platform designed to connect local distributors to one another as well as customers. The parties have agreed to an initial outside date of November...
A SPAC III (NASDAQ:ASPC) has entered into a definitive agreement to combine with sustainable fabric maker Bioserica for $200 million in equity consideration. Hangzhou, China-based Bioserica manufactures biodegradable socks made from anti-bacterial materials backed up by 57 patents. The combined company is expected to trade on the Nasdaq once the deal is completed by an...