M&A
confidence high
sentiment neutral
materiality 0.55
UY Scuti amends SPAC merger with Isdera Group; sets company value at $920M
UY Scuti Acquisition Corp.
- First Amendment dated Sep 22, 2026 sets Company Net Value at $920,000,000 in the merger agreement.
- Joinder Agreement makes Isdera Inc (Purchaser) and Isdera Technology Limited (Merger Sub) parties to the merger.
- Isdera Group share capital restated: 100,000,000 ordinary shares of $0.0005 par value, all issued and outstanding.
- Purchaser Rights redefined as convertible into one-fifth of one Purchaser Class A Ordinary Share; closing consideration schedules restated.
- Structure: Parent merges into Purchaser (SPAC surviving company); Merger Sub merges into Isdera Group, which survives as wholly-owned subsidiary.