Dog walking startup Wag will go public via a SPAC merger at a $350M valuation; SoftBank, which invested $300M, sold its stake back to Wag in 2019 at a loss (Crystal Tse/Bloomberg)

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Canine strolling startup Wag will go public through a SPAC merger at a $350M valuation; SoftBank, which invested $300M, bought its stake again to Wag in 2019 at a loss — Wag Labs Inc., the developer of dog-walking app Wag!, has agreed to go public by way of a merger with a blank-check firm.