Elite Model World in Talks to Go Public Through SPAC Merger

Elite Model World, which describes itself as the largest model management network in the world, is in talks to go public through a merger with blank-check firm Galileo Acquisition Corp., according to people with knowledge of the matter.

Galileo has held talks with potential investors about raising new equity to support a transaction, said some of the people, who requested anonymity because the discussions are private. A deal hasn’t been finalized and it’s possible talks could collapse.