Last-mile delivery giant UniUni to go public in merger with SPAC led by Matthew Proud

Last-mile delivery giant UniUni to go public in merger with SPAC led by Matthew Proud

B.C. company, which delivers for Temu and Shein, expects to generate more than US$1-billion in revenue this year

UniUni Plots Last-Mile Logistics Toward Possible Launch on Public Markets

Earlier this year, Richmond-based last-mile delivery company UniUni raised US$85 million to accelerate automation and expansion across North America. Founded in 2019, UniUni’s mission is to make “the last mile the best mile” by leveraging scalable technology such as AI-driven routing, predictive analytics, and robotic sorting systems to deliver speed and reliability at scale. The March bout of financing was hardly first raise for the logistics i…

UniUni to reportedly go public on TSX in $1-billion USD SPAC deal

Richmond, BC-based last-mile delivery company UniUni is reportedly planning to go public by merging with a special purpose acquisition company (SPAC). According to The Globe and Mail, the deal would see UniUni merge with MAK Acquisition, a Toronto Stock Exchange-listed SPAC led by ex-Dye & Durham CEO Matthew Proud, and value the combined entity at more than $1 billion USD ($1.4 billion CAD).  The deal could be announced publicly within a week. …