Iron Spark I Inc. (ISAA) to Combine with Hypebeast in $353M Deal

Iron Spark I (NASDAQ:ISAA) has entered into a definitive agreement to combine with fashion media outlet Hypebeast (HK:0150) at an enterprise value of $352.7 million, or 3.1x its 2021E revenue. Hong Kong-based Hypebeast serves as an online influencer platform and ecommerce marketplace for fashion goods. The combined company is expected to be dual listed on
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