Blueport Acquisition and SingAuto agree to merge, creating a Nasdaq-listed green logistics company valued at $1.2B.

Blueport Acquisition Ltd, a special purpose acquisition company, and SingAuto Inc, a green cold-chain logistics innovator, have agreed to merge, forming a publicly listed company on Nasdaq valued at $1.2 billion. SingAuto, based in Singapore, specializes in smart commercial electric vehicles for refrigerated transport, aiming to enhance delivery efficiency for perishable goods. The merger, expected to close by the end of 2026 pending approvals, will allow SingAuto to accelerate growth and expand its market reach under the leadership of CEO Yuqiang Liu. This transaction marks a significant step in advancing sustainable logistics technology in the cold-chain industry.