Brief: AP Acquisition Corp - Jeplan Inc To Seek Listing On NYSE Through AP Acquisition

AP Acquisition

16/06/2023 12:18

June 16 (Reuters) - AP Acquisition Corp  APCA.N :
    * AP ACQUISITION CORP - JEPLAN, INC., TO SEEK LISTING ON
NYSE
THROUGH A BUSINESS COMBINATION WITH AP ACQUISITION CORP
    * AP ACQUISITION CORP - TRANSACTION VALUES COMBINED CO AT
ESTIMATED EQUITY VALUE OF $480 MILLION ON A POST-MONEY BASIS
    * AP ACQUISITION CORP - BUSINESS COMBINATION HAS BEEN
UNANIMOUSLY
APPROVED BY THE BOARDS OF DIRECTORS OF BOTH JEPLAN AND AP
ACQUISITION
    * AP ACQUISITION CORP -  UPON CLOSING OF DEAL, COMBINED CO
WILL BE
NAMED “JEPLAN HOLDINGS, INC.”
    * AP ACQUISITION -  EXPECTS TO LIST COMMON SHARES OF
COMBINED CO
IN FORM OF ADSS ON NYSE UNDER TICKER SYMBOLS “JPL”

Source text for Eikon:  ID: 
Further company coverage:  APCA.N