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Announced

Eco Modular to go public via SPAC merger with Zalatoris II Acquisition in a $600m deal.

Synopsis

Eco Modular, a modular construction company, agreed to go public via SPAC merger with Zalatoris II Acquisition, a special purpose acquisition company, in a $600m deal. "I'm filled with immense passion for the modular manufacturing industry and the transformative impact we've had since our inception. We've been on a mission to simplify processes and bring cutting-edge technology to the manufacturing landscape. The integration with Zalatoris II is not just a milestone; it's a testament to our unwavering dedication. Looking ahead, I believe the potential of the modular market over the next 10-20 years has never been stronger. I'm excited about the journey ahead, the innovation we'll drive, and the lasting mark we'll make in this dynamic industry," Edvinas Cinga, Eco Modular Co Founder and CEO.

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