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Abra to Go Public in $750M Nasdaq SPAC Merger Deal

TLDR Abra will go public through a $750 million merger with New Providence Acquisition Corp. III. The combined company will trade on Nasdaq under the ticker symbol ABRX. The transaction sets Abra’s pre-money valuation at $750 million. Existing investors will roll their shares into the new public entity. The deal may provide up to $300 [...]

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Source: Blockonomi →