Zhong Lun Represents Smart Kreate Group on its De-SPAC Business Combination with Quetta Acquisition Corp.
Zhong Lun Represents Smart Kreate Group on its De-SPAC Business Combination with Quetta Acquisition Corp.
Zhong Lun represented Smart Kreate Group, a pioneer of AI-driven cloud logistics operating systems, in its business combination with Quetta Acquisition Corp. (NASDAQ: QETA), a special purpose acquisition company. The transaction values Smart Kreate Group at an enterprise value of US$200 million. The transaction was announced on March 12, 2026, and is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals. Upon closing, the combined entity will operate as Smart Kreate Group and is expected to be listed on Nasdaq under a new ticker symbol.
Zhong Lun acted as the U.S. legal advisor to Smart Kreate Group in connection with this transaction. The Zhong Lun team was led by partner Gary Li and non-equity partner Min Lu, with support from senior counsel Yilong Du, counsel Peter Qiu.