Horizon Space Acquisition I (HSPO) and Squirrel Enlivened International, said Monday that they have signed a merger agreement.
The transaction still requires approval from the companies' boards, shareholders, and regulators and is subject to other customary conditions, they said.
Horizon is a special-purpose acquisition company, while Squirrel provides brand marketing and strategy consulting services.
Upon the completion of their business combination, shares of Squirrel will be listed on the Nasdaq, they said.
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