Air Water Ventures to go public in $300M SPAC deal

Air Water Ventures, an Abu Dhabi-based company that extracts water from air, is planning to go public via a SPAC listing at an implied $300 million valuation, the company tells Axios.

Why it matters: The company's decision to take the SPAC route shows that executives still have confidence in that path, at a time when listings of all shapes and sizes have ground to a halt.