Announced
Financials
Tags
Reverse Takeover
Single Bidder
Private
Domestic
De-SPAC
United States
semiconductor manufacturing
Private Equity
Friendly
Majority
Semiconductors
Acquisition
Failed
Synopsis
Suntuity Renewables, a provider of renewable energy solutions, failed to go public via a SPAC merger with Beard Energy Transition Acquisition, a blank cheque company, in a $249m deal. The parties mutually agreed to terminate their business combination agreement.
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