Elenium Automation is plotting a Nasdaq listing with help from a home-grown SPAC in a deal that the Melbourne digital identification start-up hopes will boost its valuation by 54 percent to $185 million, reports Financial Review.
Elenium – which has developed software and hardware to check identities using face and palm biometrics deployed at 25 airports round the world – did not have to look far from home to find its blank-check backer in Integral Acquisition 1. Read more.