GaN Systems in talks to go public through SPAC: Bloomberg

Ottawa-based GaN Systems, a specialist in gallium-nitride technology for products like semiconductors and transistors, is in talks to go public through Ross Acquisition Corp II.

Ottawa-based GaN Systems, a specialist in gallium-nitride technology for products like semiconductors and transistors, is in talks to go public through Wilbur Ross’ Ross Acquisition Corp II, Bloomberg reported. A deal has not been finalized. GaN’s investors include BDC Capital, BMW i Ventures, Chrysalix Venture Capital, Cycle Capital Management, Delta, RockPort Capital and Tsing Capital.

Read Bloomberg’s story here.