# Verde Bioresins to merge with TLGY Acquisition Corp.

Verde Bioresins, a bioplastics producer, entered into a definitive business combination agreement with TLGY Acquisition Corp., a blank check company. The combined company is expected to list on Nasdaq under the ticker VRDE in the second half of 2023.

- Type: Acquisition
- Announced: 2023-06-22
- Where: United States
- Value: $365.0M
- Status: announced
- Products: PolyEarthylene bioresins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Verde Bioresins](https://endata.com/companies/70993.md) (target)
- [TLGY Acquisition Corporation](https://endata.com/companies/70994.md) (acquirer)

## Sources

- [ptonline.com](https://www.ptonline.com/news/verde-bioresins-enters-planned-business-combination-with-tlgy-acquisition-corp), 2023-06-22: "Verde to become publicly traded via this business ‘merger’."
- [businesswire.com](https://www.businesswire.com/news/home/20230622187747/en/Verde-Bioresins-to-Become-Publicly-Traded-via-Planned-Business-Combination-With-TLGY-Acquisition-Corporation), 2023-06-22: "Verde Bioresins, Inc. and TLGY Acquisition Corporation have entered into a definitive business combination agreement."

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