Merlin to go public via $800M SPAC deal with Inflection Point’s BACQ

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Bleichroeder Acquisition Corp. I (NASDAQ:BACQ) and Merlin have signed a definitive business combination agreement.
The deal values Merlin at $800M pre-money.
$125M+ in PIPE funding committed, with $78M funded at signing.
Transaction expected to close in early 2026.
Merlin develops

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