SPGI - CQ Roll Call owner said in talks to go public through SPAC Duddell Street Acquisition
FiscalNote Holdings Inc., the owner of Washington political publication CQ Roll Call, is said in talks to go public through a deal with SPAC Duddell Street Acquisition (NASDAQ:DSAC). The company may be valued at $1.3B in a deal, according a WSJ report, which cited people familiar. FiscalNote is raising a $100M PIPE from investors as part of the merger plan. A transaction may be announced as soon as tomorrow. FiscalNote’s backers include Mark Cuban, Jerry Yang and S&P Global Inc. (NYSE:SPGI). They will remain holders of the combined company, the WSJ report said. Last October, Duddell Street Acquisition prices $175M IPO.
For further details see:
CQ Roll Call owner said in talks to go public through SPAC Duddell Street Acquisition