Pryor Cashman is advising battery-enhancing technology company WaveTech Group, Inc. on its go-public merger with a special purpose acquisition company in a deal valuing the company at about $228 million.
Cooley is counseling the SPAC, Welsbach Technology Metals Acquisition Corp., on the transaction. The combined company would be named WaveTech Group Inc. and be listed on the Nasdaq exchange under the proposed new ticker symbol WTG, according to a statement.
The companies said that after the deal’s expected close in 2023’s first quarter, they expect the combined company to reap about $78 million in net proceeds. The new company would ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.