Fortune Favor Technology to merge with Quantumsphere SPAC
Fortune Favor entered a merger agreement with Quantumsphere Acquisition Corp., implying an approximately $600 million pre-money equity value. The deal still needs shareholder, regulatory, SEC registration effectiveness and Nasdaq listing approvals.
, a transaction that implies an approximately $600M pre-money equity value. The deal remains subject to shareholder approval, regulatory approval, SEC registration becoming effective and Nasdaq listing approval.