Global IBO Group Ltd. to Combine With Bukit Jalil Global Acquisition 1 Ltd. (SPAC) to Form GIBO Holdings Limited

The9 Limited’s Investee Nanyang Biologics Advances Planned Nasdaq Listing in US$1.5 Billion Business Combination

August 11, 2026

AI & Machine Learning

The9 Limited said its Singapore investee Nanyang Biologics Pte. Ltd. (NYB) received notice of effectiveness from the U.S. SEC for its Form F-4 registration statement tied to a previously announced business combination valued at about US$1.5 billion. The listing is planned on Nasdaq (ticker symbol “NYB”), subject to NYB’s SPAC extraordinary general meeting and Nasdaq approval.

BOXABL Inc. Completes Business Combination with FG Merger II Corp.

September 30, 2025

Construction

BOXABL completed its previously announced business combination with SPAC FG Merger II Corp., with the combined company renaming FG Merger II as BOXABL Inc. and expected to trade on Nasdaq under the ticker BXBL. The merger closed after stockholders approved the transaction at special meetings held on June 9, 2026, with the deal valued at approximately $3.5 billion.

Hub International Acquires Integrated Benefits Group Insurance Brokerage, Inc.

July 12, 2024

Insurance

Hub International Limited acquired the assets of Integrated Benefits Group Insurance Brokerage, Inc. (IBG), an employee and group benefits broker based in Stoneham, Massachusetts. The IBG team, led by CEO Tony Maffeo, will join Hub New England; financial terms were not disclosed.

7GC & Co. Holdings Inc. Completes Business Combination with Banzai International

December 15, 2023

Cloud & SaaS

7GC & Co. Holdings Inc. (a Nasdaq-listed SPAC) completed a business combination with Banzai International, Inc., and Banzai began trading its Class A common stock and warrants on Nasdaq under the tickers BNZI and BNZIW on December 15, 2023. The transaction provides Banzai with public market access to accelerate its strategy of consolidating the fragmented marketing-technology (MarTech) SaaS market.

IBMG (backed by Cairngorm Capital) Acquires Merkko Builders Merchants

May 4, 2022

Building Products

Independent Builders Merchant Group (IBMG), a Cairngorm Capital portfolio company, has acquired Merkko Builders Merchants Ltd, a two-branch builders' merchant headquartered in Abingdon. The deal expands IBMG's branch network into Oxfordshire and Berkshire, secures succession for Merkko's owners, and will see Merkko join IBMG's builders' merchants division under the leadership of its existing MD, Ian Duckitt.

BigBear.ai Business Combination With GigCapital4 (PPE/SPAC)

December 7, 2021

AI & Machine Learning

BigBear.ai completed its previously announced business combination with SPAC GigCapital4, resulting in the combined company operating as BigBear.ai Holdings, Inc. on the NYSE under ticker symbols “BBAI” and “BBAI.WS.” The transaction values BigBear.ai at a $1.378 billion pro forma enterprise value and is positioned to expand AI/ML decision-support across defense, intelligence, and commercial markets.