Colombian softgel maker Procaps S.A.S. is in talks to go public on Nasdaq through a merger with U.S. blank-check company Union Acquisition Corp II (LATN) in a deal which would value it at more than $1 billion, people familiar with the matter said.
Update(s)
March 31, 2021: Union Acquisition Corp. II (LATN) announced execution of a definitive business combination agreement along with a fully committed PIPE financing agreement with Procaps Group.