LE Worldwide failed to go public via $150m merger with Ace Global Business.

LE Worldwide, a key component provider of data-enabled greenhouse farming solutions, failed to go public via $150m merger with Ace Global Business, a special purpose acquisition company. In light of these developments and the limited time frame to secure an alternative business combination, Ace Global's board has opted to proceed with liquidation and dissolution according to its charter. All outstanding ordinary shares will be redeemed from public shareholders, while warrants will expire worthless without any rights to liquidation distributions.