The regulatory information service counts SoftBank, Renren, Jipyong, The Economist Group and S&P Global as existing investors and will get a Nasdaq listing through the deal.

FiscalNote, a US-based regulatory data software provider backed by corporates SoftBank, Renren, Jipyong, The Economist Group and S&P Global, agreed yesterday to a reverse merger with special purpose acquisition company Duddell Street Acquisition Corp.

The deal values the combined company at $1.3bn and it will inherit the Nasdaq Capital Market listing secured by Duddell Street when it floated in a $175m initial public offering in October 2020.

Hedge fund manager Maso Capital is anchoring a $100m private placement backing…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.