# Isdera Group to merge with SPAC UY Scuti Acquisition Corp.

Isdera Group, parent of Xinghui Automotive Technology, entered a merger agreement with UY Scuti Acquisition Corp. to list on Nasdaq. The deal involves acquiring the German supercar brand ISDERA.

- Type: Acquisition
- Announced: 2025-07-21
- Where: China
- Status: announced
- Products: ultra-luxury supercars (combustion-engine and electric)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Isdera Group](https://endata.com/companies/86167.md)
- [UY Scuti Acquisition Corp.](https://endata.com/companies/86168.md) (partner)
- [Xinghui Automotive Technology (Hainan)](https://endata.com/companies/86169.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/isdera-group-limited-announces-entering-into-a-merger-agreement-with-uy-scuti-acquisition-corp-302509874.html), 2025-07-21: "Isdera Group is an industrial automotive enterprise with global ambitions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.