RIO DE JANEIRO, BRAZIL - Barranquilla-based 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 in a deal which would value it at more than US$1 billion, people familiar with the matter said on Monday, March 15th.
Union Acquisition Corp II is in the process of engaging with potential investors to raise a US$100 million private investment in public equity, or PIPE, which would provide additional funding to Procaps, the sources said.
These funds would be used in addition to . . .