MDH Acquisition Prices Upsized $240M IPO

MDH Acquisition pirced its upsized IPO of 24 million units at $10 per unit, an increase of 4 million more units, or 20 percent greater, than originally planned when the SPAC filed with the SEC last month.

The SPAC plans to concentrate on companies involved in transportation and logistics, telecommunications, financial services and professional services.

Units begin trading today on the NYSE under MDH.U. Read more.

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Venus Acquisition to Merge with VIYI Algorithm in $400M Deal

Terms provide for a valuation of VIYI Algo and its subsidiaries and businesses of $400 million. Based upon a per-share value of $10.10 per share, VIYI Algo stockholders will receive approximately 39.6 million ordinary shares of Venus which will represent approximately 85 percent of the combined outstanding shares following the closing.