Giga Energy to go public via a SPAC merger with Yunhong International in a $7.35bn deal.

Giga Energy, a company that plans to provide industrial and commercial transportation solutions, agreed to go public via a SPAC merger with Yunhong International in a $7.35bn deal. Additionally, Harvest Tech Investment Management, a private investor, invested $308m in Giga Energy. "This Exchange Agreement with Yunhong International is the next step in Giga Energy's plan to create its vision of the carbon neutral future. We expect the business combination with Yunhong International to help Giga Energy to continue the growth of its industrial and transportation solution business in Asia," Ian Hanna, Giga Energy CEO.