- Wag Labs Inc., the dog walking and pet services company going public through a SPAC deal with CHW Acquisition Corp. ( NASDAQ: CHWA ), took a step closer to going public after the SPAC's S-4 was declared effective by the Securities and Exchange Commission.
- CHW also established a record date of June 28 and a meeting date of July 28 for shareholders to vote on the transaction, according to a statement earlier.
- Wag, which also provides dog sitting, boarding, training telehealth and other services, in February announced a deal to go public through SPAC CHW Acquisition Corp. ( CHWA ) in a transaction that will value the compan y at $350 million.
- Wag, which competes with Rover ( ROVR ) and went public through a SPAC deal in August, reaffirmed in April its guidance for the year for gross bookings of $93.4 million and revenue of $41.8 million.
- Last Thursday, JPMorgan started off coverage on Rover Group Inc. ( ROVR ) with a neutral rating.
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Dog-walking firm Wag moves closer to going public through SPAC as S-4 declared effective