Plano-based biltong maker and snack food brand Stryve to go public through SPAC

PLANO, TX – The emerging snack food company Stryve plans to go public through a direct listing on the NASDAQ later this year in a deal valuing the Plano company at $170 million. Stryve is merging with the publicly traded Andina Acquisition Corp. III, a special-purpose acquisition company, or SPAC — an entity set up to seek companies to buy. It’s the third Andina SPAC. Predecessor funds took an architectural glass manufacturer and RV dealership public over the last decade.