UniUni to go public via $1 billion MAK Acquisition reverse takeover

UniUni will become a publicly traded company after its $1 billion enterprise‑value reverse takeover of MAK Acquisition Corp., a move that positions the fast‑growing logistics firm on the Toronto Stock Exchange and paves the way for a Nasdaq cross‑listing later in 2026 [1][2].

Transaction details and funding plan

The definitive purchase agreement, signed on May 15, 2026, outlines a reverse takeover in which MAK will acquire all UniUni shares for $10.00 per share, creating “New UniUni” and listing the combined entity on the TSX under the symbols UN and UN.W [1]. The deal also includes a private placement of up to $100 million of non‑voting shares to fund next‑generation automated super‑sorting centres, which are expected to lift processing capacity to 3 million parcels per day. Proceeds will also support working capital and general corporate purposes.

UniUni’s revenue trajectory is stark: from $113 million in 2023 to an anticipated $1.1 billion in 2026, reflecting a compound annual growth rate of roughly 150 % [1]. The company attributes this expansion to strong ecommerce demand across the United States (≈80 % of revenue) and Canada, and to its technology stack that incorporates robotics and proprietary logistics software.

Market positioning and shareholder structure

UniUni’s platform serves the world’s largest ecommerce firms, global brands, and SMBs, offering a customer‑agnostic delivery solution across major North American metros. Post‑transaction, existing UniUni shareholders will own about 78 % of New UniUni, MAK shareholders 12 %, and private‑placement investors 10 %—assuming no redemptions and a full $100 million raise [1]. The transaction is among the largest recent go‑public SPAC deals in the Canadian tech sector, underscoring investor confidence in the logistics niche.

What to watch

• TSX listing approval – regulatory clearance and exchange acceptance are required before shares can trade.
• Nasdaq cross‑listing timeline – UniUni has signaled intent to list on Nasdaq shortly after the TSX debut.
• Private placement funding – the closing of the $100 million raise will determine the scale and timing of the automated sorting‑centre rollout.

The reverse takeover not only brings UniUni’s high‑volume delivery network to public markets but also tests whether its technology‑driven model can sustain profitability as it scales to multi‑million daily parcels. The upcoming regulatory approvals and financing milestones will be key indicators of the company’s ability to execute its growth plan.