NASDAQ:MEVO

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M Evo Global Acquisition Holds at $10 as SPAC Deal Watch Begins

M Evo Global Acquisition Corp II Class A shares closed at $9.94 Tuesday, up one cent, with volume at 1,200 shares on Nasdaq. The SPAC reported $301.7 million in trust as of March 31, setting redemption value at $10.06 per share. No operating revenue has been recorded. Aristeia Capital disclosed a 6.11% stake.

June 3, 2026

Australia and Oceania Microplate Washers Market Forecast to 2035: Growth Driven by Diagnostics and Automation
June 2, 2026, 8:22 PM EDT. The Australia and Oceania microplate washers market is import-dependent, with over 85% of units sourced mainly from the U.S., Europe, and Asia. Market growth is projected at 4-6% CAGR through 2035, fueled by automation in clinical diagnostics and lab equipment upgrades. Australia dominates demand, accounting for 80% of value, with New Zealand and Pacific Islands as emerging segments. Market trends include increasing integration into liquid handling systems and rising demand for high well-density units, such as 384- and 1536-well washers, especially in genomics and drug discovery. Service contracts now contribute 5-10% of purchase costs, generating steady revenue. Challenges include 8-12 week supply chain lead times, regulatory compliance costs in Australia and New Zealand, and limited technical service coverage in Pacific Island nations.