China's Big Tree Cloud in $500 million SPAC deal for US listing

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China's Big Tree Cloud in $500 million SPAC deal for US listing
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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtips -U.S. blank-check firm Plutonian Acquisition Corp agreed to merge with Big Tree Cloud International Group for the Chinese personal care products company to go public in a deal that will value the combined enterprise at about $500 million.

After the completion of the merger with the special purpose acquisition company, Big Tree Cloud International Group will be operated under a holding entity named Big Tree Cloud Holdings Ltd and listed on the Nasdaq Stock Market, according to the statement.

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