SPAC combinationSep 8, 2026Pending
🇺🇸 United States
HIHGP Intelligent Energy, LLCMAMeshflow Acquisition Corp.
Technology › Software
Equity value$800MEquity value
AnnouncedSep 8, 2026
ConsiderationStock
StructureOther
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
HGP Intelligent Energy, LLC agreed to combine with Meshflow Acquisition Corp. in a SPAC business combination under a new Delaware holding company, Leyte Parent, Inc., valuing HGP at a pre-money equity value of $800 million and implying a pro forma enterprise value of approximately $921 million, with HGP equity holders rolling their holdings into the combined company.
Deal rationale
The combination is intended to make HGP a publicly traded company and provide gross proceeds to commercialize its load-following nuclear reactor control technology, manufacture its variable-speed reactor coolant pump, and develop its digital twin and Integrated Naval Nuclear Energy Campus.
AI-generated from the SEC filingPendingTechnology › SoftwareUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $800M | Headline figure |
|---|---|---|
| Enterprise value | $921M | |
| Consideration | Stock |
Advisors
Buy-side
None listed
Sell-side
CFCantor Fitzgerald
Parties
Target
HIHGP Intelligent Energy, LLC
- Headquarters
- United States
- Ticker
- —
Acquirer
MAMeshflow Acquisition Corp.
- Headquarters
- Cayman Islands
- Ticker
- —