S-4 Filing

The deal was announced in September at an implied enterprise value of $212.8 million. Terms call for the issuance of $50,287,043 shares and 25,123,481 warrants to DevvStream investors.

Evergreen is broadly focused on the technology sector in the ASEAN region, though it has yet to announce a deal.

Redemptions of nearly 94% left PowerUp with about $19 million in trust ahead of an extension vote a year ago. The SPAC had raised $287.5 million in a February 2022 IPO.

The deal also includes up to 20 million earnout shares that would vest in two tranches if the EV maker reaches certain financial thresholds over the next two years.

Catcha and Crown announced the deal back in August at a pre-money valuation of approximately $600 million, and a pro forma enterprise value of the combined company at $685 million. The SPAC's shareholder vote on the merger has been postponed three times.

The target is a British Virgin Islands company that, through its Singapore-based subsidiary, AgileAlgo Pte Ltd., is a maker of enterprise-grade natural language code generator for machine-learning and data management platforms. 

TOYO focuses on solar photovoltaic products in Southeast Asia.

The target provides trading and wealth management tech solutions.

The target is a diversified medical technology company with several specialties: managed IT systems and services, including healthcare software solutions and network connectivity services; professional sales services for diagnostic imaging products; and design, manufacture and sale of proprietary medical devices.

The target is a biotechnology company focused on next-generation antibody therapies for severe and life-threatening diseases.