Bluerock Acquisition, Yellow.ai to Merge in Business Combination
MT Newswires Live
Aug 03
Bluerock Acquisition (BLRK) and Yellow.ai plan to merge as part of a business combination agreement expected to take Yellow.ai public, the companies said Monday.
The combined company will operate as Yellow.ai and trade on Nasdaq under the ticker "YAI," the companies said.
Yellow.ai turns employee operations into AI agents.
Under the terms of the agreement, Yellow.ai is valued at around $300 million pre-cash and the combined company a pro forma equity value of around $550 million, the companies said.
The combination is expected to close in H2 2026.
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