Chinese trade credit solution provider Oabay to go public in Nasdaq via $393m SPAC deal

Chinese trade credit solution provider Oabay to go public in Nasdaq via $393m SPAC deal

FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File Photo

Oabay Inc., which provides trade credit digital transformation solutions, through its wholly-owned subsidiary in mainland China, is merging with a blank-cheque firm in a $393-million deal to commence trading on the Nasdaq.