By Pritam Biswas and Prakhar Srivastava

(Reuters) -Sports technology firm Enhanced said on Wednesday it will go public in the U.S. through a merger with special purpose acquisition company A Paradise Acquisition Corp, in a deal valued at $1.2 billion.

Blank-check firms are staging a comeback on Wall Street this year after a prolonged downturn, with seasoned sponsors reviving SPACs as an alternative route to public listings.

Financial services firm SWB, data center operator Blockfusion and Teamshares also announced plans to go public via SPAC mergers this month.

This year “has shown that SPACs are here to stay,” said Josef Schuster, CEO of IPO research firm IPOX.

“It’s because some of the companies emerging from a SPAC during the previous cycle have performed very strongly, and in some

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