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[1/2] The word Stock is seen on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. REUTERS/Brendan McDermidFRANKFURT, May 31 (Reuters) - Germany's Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million. The fifth generation family-owned business, which specialises in electronics, would become a publicly-listed company on the New York Stock Exchange in the fourth quarter of this year. The transaction will be through blank-check company Pegasus Digital Mobility Acquisition Corp (PGSS.N) led by automotive veteran Ralf Speth, it said in a statement. "We have been considering this step for some time and see the NYSE and the U.S. capital markets as much more suitable for a technology company," CEO Christian Schmid told Reuters, regarding the location of the transaction.
Persons: Brendan McDermid FRANKFURT, Germany's Schmid, Ralf Speth, Christian Schmid, Schmid, StratCap, Speth, Emma, Victoria Farr, Madeline Chambers, Emelia Organizations: New York Stock Exchange, REUTERS, Pegasus Digital Mobility, Corp, NYSE, Reuters, Pegasus, BMW, Jaguar, Rover, Thomson Locations: New York City, U.S, New York, Freudenstadt, Germany's Black
Human remains have never been found on the moon, NASA’s chief historian told Reuters, but users online are sharing a video that is allegedly proof a sarcophagus named Mona Lisa was discovered during a moon mission. The same Mona Lisa figure appears in the background of a book by French author Thierry Speth titled, “Apollo 20, the Unknown Mission” (here). He added that there is “no evidence to substantiate” the claim that a figure named Mona Lisa was found on the moon. He also shared filmstrips of the Mona Lisa to that group that match the footage in the viral video (here). In one post (here), Speth shared a link to an interview he did about Apollo 20 (here).
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