SPAC in Talks to Merge with Turkish AI Firm HubX

This signals continued crossover between AI startups and the SPAC route, which had cooled after earlier boom-bust cycles. For HubX, a Turkish consumer AI firm, access to U.S. public markets could provide liquidity and growth capital, but the lack of disclosed valuation or timeline leaves significant uncertainty. The open question is whether this marks a renewed appetite for SPAC-driven AI listings, particularly for non-U.S. firms seeking a faster path to listing. Watch for whether similar deals emerge, as that would confirm a trend rather than an isolated case.