BRIEF-Huture Ltd. Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp

Reuters07-13

July 12 (Reuters) - Aquaron Acquisition Corp :

* HUTURE LTD. ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH AQUARON ACQUISITION CORP. $(AQU)$

* 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: Further company coverage:

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment