SPACs Hunt for Acquisitions Amid Scarce Prey

Even as some analysts warn of “a death spiral for SPACs,” United Gear & Assembly, Inc., a subsidiary of United Stars Holdings, Inc., announced plans to go public via a SPAC acquisition by Aesther Healthcare Acquisition Corp. Upon closing of the $350 million merger, Aesther will change its name to EVGT LTD and its common stock is expected to be listed on Nasdaq, under the symbol EVGT, and its warrants listed under EVGTW. READ MORE