Brief: Alphavest Acquisition Corp Announces Entering Into A Merger Agreement With Wanshun Technology Industrial Group Limited

AMC Robotics

14/08/2023 12:08

Aug 14 (Reuters) - AlphaVest Acquisition Corp  ATMV.O :
    * ALPHAVEST ACQUISITION CORP ANNOUNCES ENTERING INTO A
MERGER
AGREEMENT WITH WANSHUN TECHNOLOGY INDUSTRIAL GROUP LIMITED
    * ALPHAVEST ACQUISITION CORP ANNOUNCES ENTERING INTO A
MERGER
AGREEMENT WITH WANSHUN TECHNOLOGY INDUSTRIAL GROUP LIMITED
    * ALPHAVEST ACQUISITION CORP - DEAL TO RESULT IN ATMV
SHAREHOLDERS
RECEIVING SHARES OF WANSHUN CAPITAL STOCK VALUED AT
APPROXIMATELY $300 MILLION
    * ALPHAVEST ACQUISITION CORP - TRANSACTION HAS BEEN APPROVED
BY
BOARDS OF DIRECTORS OF BOTH ATMV AND WANSHUN
    * ALPHAVEST ACQUISITION CORP - AFTER COMBINATION, COMBINED
CO TO
OPERATE UNDER NAME WANSHUN TECHNOLOGY INDUSTRIAL GROUP LIMITED
    * ALPHAVEST ACQUISITION CORP - AFTER COMBINATION, COMBINED
CO TO
REMAIN NASDAQ-LISTED PUBLIC CO TRADING UNDER A NEW TICKER SYMBOL
    * ALPHAVEST ACQUISITION CORP - THERE CAN BE NO ASSURANCE
THAT
COMBINED COMPANY WILL REMAIN LISTED ON NASDAQ

Source text for Eikon:  ID:nGNX25bg9Z 
Further company coverage:  ATMV.O 

 ((Reuters.Briefs@thomsonreuters.com;))