PowerUp Acquisition Corp. And Aspire Biopharma Enter Business Combination, Deal Values Aspire At Pre-Money Equity Value Of ~$316M; Plans To List Its Common Stock On Nasdaq Under The New Ticker Symbol "ASPH"
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PowerUp Acquisition Corp. and Aspire Biopharma have entered into a business combination agreement, valuing Aspire at a pre-money equity value of approximately $316 million.
September 03, 2024 | 12:26 pm
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PowerUp Acquisition Corp. is entering a business combination with Aspire Biopharma, valuing Aspire at a pre-money equity value of $316 million. This merger could potentially enhance PowerUp's market position and financial prospects.
The merger with Aspire Biopharma is a significant strategic move for PowerUp Acquisition Corp., potentially increasing its market value and investor interest. The valuation of Aspire at $316 million suggests a substantial business opportunity.
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