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Uy Scuti Acquisition Corp. shares rise 1.54% intraday as Chinese firms seek record US listings.
ByAinvest
Tuesday, Aug 5, 2025 11:52 am ET1min read
Uy Scuti Acquisition Corp. rose 1.54% in intraday trading, with a record number of Chinese companies seeking a U.S. listing this year, many of which are going public through special purpose acquisition companies (SPACs). This trend suggests that Uy Scuti Acquisition Corp., as a SPAC, may benefit from the increased activity in the market.
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