Colombian softgel maker Procaps in talks to go public on Nasdaq – sources

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.

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 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?