Brief: Huture Ltd. Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp
12/07/2024 21:36
July 12 (Reuters) - Aquaron Acquisition Corp AQU.O :
* HUTURE LTD. ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH
AQUARON
ACQUISITION CORP. (NASDAQ: AQU)
* HUTURE LTD : PROPOSED TRANSACTION REFLECTS AN INITIAL
EQUITY
VALUE OF APPROXIMATELY $1 BILLION
* HUTURE: WILL DESIGNATE ALL OF PROPOSED DIRECTORS FOR
COMBINED
COMPANY BOARD
* HUTURE LTD : PROPOSED DEAL FOR PRICE OF US$10.00 PER SHARE
* HUTURE: UPON CLOSING, CURRENT SHAREHOLDERS OF HUTURE WILL
RETAIN A MAJORITY OF OUTSTANDING SHARES OF COMBINED BUSINESS
Source text for Eikon: ID:nPn7xVXFba
Further company coverage: AQU.O
((Reuters.Briefs@thomsonreuters.com;))
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