Canatu to go public via SPAC merger with Lifeline SPAC I in a €230m deal.

Canatu, a carbon nanomaterial developer, agreed to go public via SPAC merger with Lifeline SPAC I, a Finnish special purpose acquisition company, in a €230m deal. “We have analyzed tens of Nordic technology growth companies for Lifeline SPAC I. Canatu is the perfect match. The capital provided can make the Company grow even faster and become stronger,” Timo Ahopelto, Lifeline SPAC I Chairman.