Quartzsea Acquisition Corporation (QSEA) to Combine with Gaokai in $520M Deal
Quartzsea (NASDAQ:QSEA) has entered into a definitive agreement to combine with plastic goods manufacturer Gaokai at a pre-money equity value of $520 million. Zhejiang, China-based Gaokai manufactures recyclable polyethylene terephthalate (PET) plastic cups and lids from its in-house factory. The combined company is expected to trade on the Nasdaq under the name Cuisine Universal under
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