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Isdera Group Limited Announces Entering into a Merger Agreement with UY Scuti Acquisition Corp.

  • Isdera Group Limited and UY Scuti Acquisition Corp announced a merger agreement on July 18, 2025, aimed at creating Isdera Inc.
  • The merger will involve UY Scuti Acquisition Corp merging into Isdera Inc, which will be listed on Nasdaq.
  • Both companies' boards unanimously approved the transaction, pending regulatory and shareholder approvals.
  • Upon closing, UY Scuti's security holders will receive ordinary shares of Isdera Inc.
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Isdera Group Limited Announces Entering into a Merger Agreement with UY Scuti Acquisition Corp.

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…

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PR Newswire broke the news in United States on Monday, July 21, 2025.
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