Flying Tigers Acquisition Corporation is a special-purpose merger subsidiary formed to facilitate a specific acquisition transaction. It does not conduct independent commercial operations, produce goods, or offer services; instead, it exists solely as a transactional vehicle in connection with a merger or tender offer.
Entities of this type are typically wholly owned by an acquiring company and are used to enter into merger agreements, complete required legal and administrative steps, and combine with the target. After the transaction closes, the merger subsidiary is usually merged into the target or dissolved. While not an operating business within the chemical or life sciences value chain, it plays a procedural role in industry M&A execution.
