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Metals Recycler Strikes $170M Go-Public SPAC Merger

By Tom Zanki ( July 1, 2024, 7:47 PM EDT) -- American Resources Corp. on Monday announced that its metals recycling subsidiary will go public by merging with special-purpose acquisition company AI Transportation Acquisition Corp., in a deal that values American Metals LLC at $170 million and that was steered by three law firms....

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