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Wilbur Ross’s SPAC Is in Talks to Merge With GaN Systems

Wilbur Ross

Photographer: Sarah Silbiger/Bloomberg
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GaN Systems, which specializes in gallium-nitride technology for products such as semiconductors and transistors, is in talks to go public through Wilbur Ross’s Ross Acquisition Corp. II, according to people with knowledge of the matter.

As a deal hasn’t been finalized, terms could change or talks could fall apart.