UniUni go-public deal falls through as SPAC terminates agreement

Richmond, BC-based last-mile delivery company UniUni will need to find a new path to the public markets after its deal with a special purpose acquisition company (SPAC) was terminated. The news: MAK Acquisition, a Toronto Stock Exchange (TSX)-listed SPAC led by ex-Dye & Durham CEO Matthew Proud, announced on Tuesday morning that it terminated its merger agreement with UniUni. Earlier this year, UniUni signed the deal to merge with MAK and trade on the TSX; a deal that would’ve valued the combine