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MAK Acquisition issues breach notice to UniUni

PRIVATESep 24, 2026

Acquiring Company

MAK Acquisition

Acquired Company

Uni Express

TorontoRichmondArtificial IntelligenceTransportation

Description

MAK Acquisition Corp. has delivered a notice of breach to Uni Express Inc. regarding the proposed reverse take-over. The breach results from UniUni's business performance deteriorating beyond agreed parameters. A cure period of 15 business days has been triggered for UniUni to remedy the situation.

Company Information

Company

MAK Acquisition

Location

Toronto, Ontario, Canada

About

MAK Acquisition Corp. is a special purpose acquisition company (SPAC) led by Matthew Proud. The company focuses on identifying and merging with promising companies to streamline their public market entry. It went public last year, raising $100 million in its initial offering. MAK aims to benefit from potential synergies with the acquired company.

Fundz sees it the moment MAK Acquisition makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Uni Express?

Uni Express was acquired by MAK Acquisition, based in Toronto. The deal was reported on September 24, 2026. MAK Acquisition Corp. is a special purpose acquisition company (SPAC) led by Matthew Proud. The company focuses on identifying and merging with promising companies to streamline their public market entry. MAK Acquisition is privately held and operates in Artificial Intelligence.

When did MAK Acquisition acquire Uni Express?

MAK Acquisition's acquisition of Uni Express was reported on September 24, 2026. MAK Acquisition Corp. has delivered a notice of breach to Uni Express Inc. regarding the proposed reverse take-over. The breach results from UniUni's business performance deteriorating beyond agreed parameters. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Uni Express do?

Richmond, British Columbia-based last-mile delivery startup UniUni, which primarily serves e-commerce giants Shein and Temu, has secured $50 million USD ($69 million CAD) in Series C financing. It is privately held, operating in Transportation, and is based in Richmond.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.