DayDayCook to go public via a SPAC merger with Ace Global Business Acquisition in a $300m deal.

DayDayCook, a digital publisher and merchandiser company, agreed to go public via a SPAC merger with Ace Global Business Acquisition in a $300m deal. "Today, DDC is thrilled to announce the merger with Ace in the creation of shareholder value. With the success and experience of the Group's entry to the RTH, RTC and plant-based products in the market over the past two years, management expects the Group's revenue will increase rapidly over the next few years. As market trend dictates that RTH and RTC foods' penetration will continue to deepen in the foreseeable future. DDC expects to further develop its new RTH and RTC lines, and focus on plant-based products. The proportion of the RTC and plant-based products are expected to increase significantly in the future," Norma Chu, DDC Founder and CEO.