Dubai’s Averda Explores IPO After Ditching SPAC Merger Talks

Averda, the Dubai-based provider of waste-disposal services

Averda, the Dubai-based provider of waste-disposal services, is exploring an initial public offering in Saudi Arabia or the United Arab Emirates, the latest firm seeking to join a wave of listings in the Persian Gulf.

Read more on Bloomberg…

Shanda Consult has been working with SPACs for many years, and our network of SPAC executives has deep experience in the sector. If you need to learn more about how to successfully use a SPAC structure and perhaps wish to set up your own SPAC, we are here to help.

Please contact us with any questions you may have.