Bright Machines is combining with the SPAC SCVX Corp.
Yunhong International and Giga Energy Inc. Announce Execution of Definitive Share Exchange Agreement With a Potential Value Up to Approximately $7.354 Billion
NEW YORK, NY / ACCESSWIRE / May 17, 2021 / Yunhong International (NASDAQ:ZGYH) (the “Company” or “Yunhong”), a special purpose acquisition company, and Giga Energy Inc. (f/k/a Ares Motor Works, Inc.) (“Giga Energy”), a company that plans to provide industrial and commercial transportation solutions, today announced the execution of a definitive share exchange agreement (the “Exchange Agreement”), pursuant to which Giga Energy will be acquired by Yunhong and Giga Energy will be the surviving business. The potential maximum value of this transaction is approximately $7.354 billion.
Swapped Starbucks for Dominos Pizza
working on since early November, Deeply engaged with an ICONIC, Phenominal Great business that meets all of our investment criteria – There is NO certainty until we sign an agreement–
Also said they haven’t pivoted to other businesses