Spree Acquisition Corp enters into a definitive business combination agreement for a de-SPAC merger with zTrip
Mobility space, Spree Acquisition Corp. 1 Limited (NYSE: SHAP) has entered into a definitive business combination agreement for a de-SPAC merger with zTrip, the largest taxi fleet operator in the U.S.
The business combination agreement would result in zTrip becoming publicly listed on the NYSE and the combined company will be named WHC Worldwide, Inc.
zTrip’s operational model is intended to be sustainable on a long-term basis, and to combine the favorable features of both traditional taxicabs and ride-hailing digital apps.
Stinson LLP has been serving as legal counsel to zTrip. McDermott Will & Emery and Meitar are serving as legal counsel to Spree, with a team led by David Chertok andJonathan Nathan withMatthew Rudolph, Benjamin Kalish, Alon Ben Yehuda, Dr. Michael Bricker andVictor Terner.
