Ticker Launch
Sign inTry it free

SPAC · Deal announced · UYSC

UY Scuti Acquisition Corp.

Business combination with Isdera Group Limited Co., Ltd)

UY Scuti Acquisition Corp. (UYSC) is a blank-check company (SPAC) that raised $50M in its initial public offering on Apr 1, 2025, listing on Nasdaq Capital Market. It agreed to combine with Isdera Group Limited Co., Ltd), announced on Jul 18, 2025, at a stated value of $920M. The deal has not closed yet. Becker & Poliakoff advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Isdera Group Limited Co. is a Chinese automotive technology company that designs limited-run, bespoke supercars using carbon-fiber composites, electric powertrains and hybrid systems. Its flagship ISDERA brand targets international collectors and enthusiasts.

Status
Deal announced
Ticker
UYSC
IPO date
Apr 1, 2025
IPO size
$50M
IPO exchange
Nasdaq Capital Market
Target
Isdera Group Limited (parent of Xinghui Automotive Technology (Hainan) Co., Ltd)
Target sector
Automotive
Announced
Jul 18, 2025
Stated deal value
$920M
Combined company
Isdera Inc
SPAC counsel (IPO)
Becker & Poliakoff and Conyers Dill & Pearman
Underwriters' counsel (IPO)
Loeb & Loeb

More on this SPAC for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Try it free for 7 daysOpen in Ticker Launch

Then $99/month or $999/year. Cancel anytime.

Filings

Other pending SPAC mergers