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SPAC · Merger completed

TradeUP Global Corp

Business combination with SAITECH Limited

TradeUP Global Corp is a blank-check company (SPAC). It completed its business combination with SAITECH Limited on Apr 29, 2022; the combined company is SAI.TECH Global Corporation (now SAIHEAT Ltd) (SAIH).

SAITECH Limited is a Eurasia-based, energy-saving mining operator that hosts bitcoin mining machines for clients. It uses proprietary liquid cooling and heat exchange technology that recycles waste heat for heating while lowering mining operating costs.

Status
Merger completed
Target
SAITECH Limited
Announced
Sep 28, 2021
Closed
Apr 29, 2022
Combined company
SAI.TECH Global Corporation (now SAIHEAT Ltd) (SAIH)

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