Recent Updates — MESH
Meshflow Acquisition Corp. entered into a definitive business combination agreement with HGP Intelligent Energy on September 5, 2026. The transaction values HGP at an $800 million pre-money equity value and implies a pro forma enterprise value of approximately $921 million. Meshflow will domesticate from the Cayman Islands to Delaware and merge into Leyte Parent, Inc., which will become the publicly traded combined company. HGP equity holders will receive 80,000,000 shares of Pubco Common Stock, calculated at $10.00 per share. The transaction is expected to generate approximately $345 million in gross proceeds from Meshflow's trust account and PIPE financing. HGP develops load-following technology for nuclear power plants using digital twin software and variable-speed reactor coolant pumps.