The Latest SPAC News and Rumors: May 11, 2023


The Latest SPAC News and Rumors: May 11, 2023

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Abu Dhabi family said to plan Middle East’s second SPAC listing

Abu Dhabi Family Plans Middle East’s Second SPAC Listing

An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in the city, people familiar with the matter said, in what would be the second such deal in the Middle East.

MEASA Partners is targeting a listing for the special purpose acquisition company this year, the people said, asking not to be identified as the information isn’t public. It’s working with Abu Dhabi Commercial Bank PJSC and Credit Suisse Group AG on the potential listing, they said.