ADC Acquisition Corporation successfully completes AED734 mn PIPE bookbuild, oversubscribed over 10 times bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
ADC Acquisition Corporation PJSC (ADC) is the UAE’s first Special Purpose Acquisition Company (SPAC). ADC Acquisition Corporation entered into an agreement with ADQ Developmental Holding LLC providing for a business combination with Abu Dhabi-based United Printing & Publishing Sole Proprietorship LLC (UPP). Established by Abu Dhabi Developmental Holding Company PJSC (ADQ) and Chimera Investments in…