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Agreement signedPublished 25 Apr 2025

Papaya Growth Opportunity Corp. I /
Forbes & Manhattan Resources Inc.

Papaya Growth Opportunity Corp. I agrees to business combination with Forbes & Manhattan Resources Inc.

Buy side: Papaya Growth Opportunity Corp. I
Buy sidePapaya Growth Opportunity Corp. I
Target: Forbes & Manhattan Resources Inc.
TargetForbes & Manhattan Resources Inc.
Source · 25 Apr 2025Source-verified
See the source
Buy side: Papaya Growth Opportunity Corp. I
Buy sidePapaya Growth Opportunity Corp. I
Target: Forbes & Manhattan Resources Inc.
TargetForbes & Manhattan Resources Inc.
01 / BuyerPapaya Growth Opportunity Corp. I
02 / TargetForbes & Manhattan Resources Inc.
Source-verified
01

What happened

Papaya Growth Opportunity Corp. I entered into a business combination agreement with Forbes & Manhattan Resources Inc. on April 21, 2025. The agreement provides for the SPAC to survive a merger with F&M Merger Sub 1 Inc. and become a direct subsidiary of Forbes & Manhattan Resources Inc.

The agreement values Forbes & Manhattan Resources Inc. at approximately US$155mm, subject to adjustment based on the fuel oil price before closing.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

Papaya Growth Opportunity Corp. I agrees to business combination with Forbes & Manhattan Resources Inc.

This document is the source for the companies, stage and people on this page.

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03

Timeline

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  2. Published by the source

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