UY Scuti Acquisition Corp. (UYSC) to Combine with Isdera Group

UY Scuti (NASDAQ:UYSC) has entered into a definitive agreement to combine with Chinese auto manufacturer Isdera Group for yet-undisclosed terms. Shanghai-headquartered Isdera produces limited-run, ultra-luxury sports cars. The combined company is expected to trade on the Nasdaq once the deal is completed. Transaction Overview UY Scuti has about $58.1 million in its current trust and
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