Hyperdrive
Wilbur Ross’s SPAC Is in Talks to Merge With GaN Systems
Wilbur Ross
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
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.