Shares of blank-check company Burgundy Technology Acquisition (NASDAQ:BTAQ) are jumping in pre-market trading on Thursday. BTAQ stock was up as much as 4.5% as Nasdaq futures were poised to lead the broader indices higher.
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Followers of the special purpose acquisition company (SPAC) could be focusing on Burgundy’s mention of Israeli firms as potential targets in its search for an investment in technology or enterprise software.
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- Could Burgundy Technology and REE Auto SPAC work together?
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