Eco Modular, a Leader in Sustainable Modular Building Manufacturing, to Go Public Through Merger with Zalatoris II Acquisition Corp.

New York, New York, Dec. 05, 2023 (GLOBE NEWSWIRE) — Ascotway Ltd, operating as Eco Modular, a pioneer in Turnkey and Offsite Modular Manufacturing, and Zalatoris II Acquisition Corp. (NASDAQ:ZLS, ZLSWW, ZLSWU), a special purpose acquisition company focused on innovative technology firms, proudly announce the execution of a definitive business combination agreement (the “Transaction”). The transformative merger is poised to position Eco Modular as a publicly traded company on NASDAQ under the Ticker Symbol EMOD. The anticipated closing is set for the first quarter of 2024, subject to regulatory approvals and customary closing conditions.

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