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Dog Walking App Wag! to Go Public in SPAC Deal With CHW

The Wag Labs Inc. website on a smartphone.
The Wag Labs Inc. website on a smartphone.Photographer: Tiffany Hagler-Geard/Bloomberg
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Wag Labs Inc., the developer of dog-walking app Wag!, has agreed to go public through a merger with a blank-check company. 

San Francisco-based Wag and CHW Acquisition Corp. will have a value of about $350 million as a combined company, according to a Thursday announcement confirming a Bloomberg News report. The company, to be named Wag! Group Co., is expected to be listed on the Nasdaq under the symbol PET.