SPAC Iron Spark I Inc jumps as Hypebeast Ltd buys firm to list on Nasdaq

Hypebeast

04/04/2022 11:39

** Blank-check firm Iron Spark I Inc  ISAA.O  jumps ~30%
premarket to $12.75
    ** Hong Kong-listed e-commerce firm Hypebeast  0150.HK  set
to debut on Nasdaq through ISAA deal for equity valuation of
$534 mln  urn:newsml:reuters.com:*:nFWN2W2099
    ** ISAA says transaction to close in Q3, expects to nominate
former Nike  NKE.N  President Trevor Edwards as director of
Hypebeast
    ** ISAA set for best session since debut in June last year,
up ~10% YTD

 (Reporting by Susan Mathew)
 ((susan.mathew@thomsonreuters.com))