SPAC Residence Plate Acquisition Corp. (NASDAQ:HPLT) has agreed to merge with Greek maritime providers supplier Heidmar (HMAR).
The deal pegs the fairness worth of the mixed firm at $261.4M and has a minimal internet money situation of $40M.
After the shut, shares of the mixed firm are anticipated to commerce on Nasdaq beneath the image HMAR.
Primarily based in Athens, Greece, Heidmar offers business and pool administration providers to the oil tanker sector. The corporate at the moment has 60 vessels beneath administration.
Residence Plate went public in September 2021, elevating $200M.