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May 4, 2026 - Announcements + Recognitions

Capital Markets + Securities Group Represents SingAuto Inc. in Merger Agreement with Blueport Acquisition Ltd

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Robinson+Cole’s Capital Markets + Securities group was pleased to represent SingAuto Inc., a global innovator providing green cold-chain logistics technology solutions for smart commercial electric vehicles, in its entry into a definitive business combination agreement with Blueport Acquisition Ltd, a publicly traded special purpose acquisition company, on May 1, 2026. The acquisition merger for SINGAUTO, the sole surviving entity of the merger, is valued at $1.2 billion with 120,000,000 shares valued at $10 per share. Upon consummation of the business combination of SingAuto and Blueport, a newly formed holding company for the purpose of the transactions is expected to be listed on the Nasdaq Stock Market LLC.

The team advising on the transaction was led by Capital Markets + Securities group partner Arila Zhou, and included members Chenyi Wang and Yang Xu, with support from Intellectual Property + Technology group partners Jackie Pennino Scheib and Kathy Porter, and Business Litigation group partner Ben Daniels. To read the press release, click here.