Sio Silica to go public via merger with Pyrophyte Acquisition in a $708m deal.

Sio Silica, a Canadian silica sand producer and supplier, agreed to go public via merger with Pyrophyte Acquisition, a blank check company, in a $708m deal. “We are excited to partner with Pyrophyte to become a leading producer of high-purity quartz silica,” Feisal Somji, Sio CEO.