World Media and Entertainment Universal to go public via a SPAC merger with Black Spade Acquisition II in a $488m deal.

World Media and Entertainment Universal, a global media and entertainment company, agreed to go public via a SPAC merger with Black Spade Acquisition II, a special purpose acquisition company, in a $488m deal. “WME is excited to enter into a long-term strategic partnership with Black Spade. As a dynamic, forward-thinking, innovative global media and entertainment company, we seek global partners who share our values, vision, and integrity to reach new heights. Black Spade distinguishes itself as one such partner. On behalf of the entire WME family and our board of directors, I am looking forward to the growth steps we will take together. WME listing, subject to customary closing conditions, will become AMTD Group’s third listed company, after AMTD IDEA Group and AMTD Digital,” Feridun Hamdullahpur, World Media and Entertainment Universal Chairman.