WMT - This Plant-Based Food Company Is More Worth the Risk Than Beyond Meat
Special-purpose acquisition companies (SPACs) have grown more popular over the past few years, offering investors nothing more than a pile of acquisition cash that it will use to bring a private company public. Many will make mistakes in picking acquisition partners and fail, just like many IPOs themselves.
Forum Merger II (NASDAQ: FMCI), however, seems to have already found a compelling merger target with explosive growth, expanding profitability, and a modest valuation. That target? Ittella International, a plant-based food company that's quickly expanding its popular Tattooed Chef brand.
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