FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq stock market site in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo
(Reuters) -Teamshares, a buyer of small- to medium-sized enterprises, said on Friday it would go public in the U.S. through a $746 million blank-check deal with Live Oak Acquisition Corp backed by accounts advised by investment giant T. Rowe Price.
Special purpose acquisition deals have made a comeback on Wall Street in 2025 after years of muted activity, with several marquee investors and financial firms once again turning to this alternative route to the public markets.
