Big Tree Cloud And SPAC Plutonian Acquisition Announce $500M Merger Agreement, Set To Trade On Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Big Tree Cloud and SPAC Plutonian Acquisition have announced a merger agreement worth $500 million. The merged entity is set to trade on Nasdaq.
October 11, 2023 | 6:38 am
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Plutonian Acquisition (PLTN) is merging with Big Tree Cloud in a deal worth $500 million. The merged entity will trade on Nasdaq.
The merger announcement is a significant event for Plutonian Acquisition. It is expected to increase the company's market visibility and potentially its stock price as it will be trading on Nasdaq. The $500 million deal indicates a substantial investment and confidence in the future of the merged entity.
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