ESG to go public via a SPAC merger with Genesis Unicorn Capital in a $161m deal.

Environmental Solutions Group, a provider of sustainable waste solutions, agreed to go public via a SPAC merger with Genesis Unicorn Capital in a $161m deal. “The partnership we announced with GENQ today is a remarkable milestone in ESG’s sustainability and circularity journey. We believe the GENQ board’s recognition of our ambition through this merger will allow us to accelerate our growth, expand our reach into Southeast Asia, and continue to build on our disruptive solutions for the circular economy. This is an exciting time for the ESG team, our partners and everyone else who believes that the circular economy is a critical pillar to support and accelerate towards becoming a net zero region," Leng Chuang Quek, ESG CEO and Chairman.