UY Scuti Acquisition Corp Units

UYSCU

NEW YORK , July 21, 2025 /PRNewswire/ -- Isdera Group Limited, a Cayman Islands company ("Isdera Group" or the "Company"), a company that shall become the parent company of Xinghui Automotive Technology (Hainan) Co., Ltd, a company in the business of designing automobiles in the People's Republic of China ("Xinghui Automotive Technology"), announced today that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") on July 18, 2025 for a business combination with UY Scuti Acquisition Corp. (Nasdaq: UYSC, UYSCR, UYSCU), a special purpose acquisition company incorporated in the Cayman Islands ("UYSC"). Upon consummation of the transaction contemplated by the Merger Agreement, (i) UYSC will be merged with and into Isdera Inc, a company to be formed in the Cayman Islands as an exempted company and wholly-owned subsidiary of UYSC  (the "SPAC Merger"), and (ii) concurrently with the SPAC Merger, Isdera Technology Limited, a company to be formed in the Cayman Islands as an exempted company and wholly-owned subsidiary of Isdera Inc, will be merged with and into Isdera Group, resulting in Isdera Group being a wholly owned subsidiary of Isdera Inc (the "Business Combination" and the transactions in connection with the Business Combination collectively, the "Transaction").

NEW YORK , May 21, 2025 /PRNewswire/ -- UY Scuti Acquisition Corp. (Nasdaq: UYSCU) (the "Company") announced today that, commencing Tuesday, May 27, 2025, holders of the units sold in the Company's initial public offering of 5,750,000 units ("Units") may commence separate trading of the underlying component securities. Each Unit consists of one ordinary share, par value $0.0001 per ordinary share ("Share"), and one right to receive one-fifth (1/5th) of one Share upon the consummation of the Company's initial business combination ("Right").

Five companies eligible for inclusion in our IPO stats went public this week, joined by four SPACs and a nano-cap. Stablecoin issuer Circle Internet Group filed for an IPO that we estimate could raise $750 million. Two small IPOs are tentatively scheduled to list in the week ahead, although some small deals may move around the calendar at the last minute.

NEW YORK , April 1, 2025 /PRNewswire/ -- UY Scuti Acquisition Corp. (NASDAQ: UYSCU), (the "Company"), today announced the closing of its initial public offering of 5,000,000 units at an offering price of $10.00 per unit. Each unit consists of one ordinary share, par value $0.0001 per share, and one right to receive one-fifth (1/5th) of an ordinary share.