News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
LiDAR Supplier Innovusion, TECHSTARACQ-Z Reach De-SPAC Agreement
Special Purpose Acquisition Company (SPAC) TECHSTARACQ-Z (07855.HK) entered into a business combination agreement with Seyond Holdings Ltd. to merge with its subsidiary, Merger Sub...
Reset
Send
The window will close in 5 seconds
LiDAR Supplier Innovusion, TECHSTARACQ-Z Reach De-SPAC Agreement
Close
Recommend
8
Positive
11
Negative
5
 
SHORT SELL
 
STOCK INFO

Special Purpose Acquisition Company (SPAC) TECHSTARACQ-Z (07855.HK)  0.000 (0.000%)   entered into a business combination agreement with Seyond Holdings Ltd. to merge with its subsidiary, Merger Sub, according to TECHSTARACQ-Z's announcement.

Upon completion of the De-SPAC transaction, Seyond Holdings will be listed on the Stock Exchange as the Successor Company. The current negotiated value of Seyond Holdings in the De-SPAC transaction is $11.7 billion.

Related NewsPacific Securities: Xiaomi Auto SU7 Integrates VLM; Co-op with NIO/ XPeng/ Li Auto Heightens Charging Efficiency
Seyond Holdings mainly operates the design, development, and production of automotive-grade LiDAR solutions provider, "Innovusion”.

Innovusion was founded in 2016, and currently has highly industrialized automotive-grade LiDAR manufacturing bases in Ningbo and Suzhou, with NIO-SW (09866.HK)  +1.200 (+3.409%)    Short selling $42.33M; Ratio 28.879%   (NIO.US)      being its major customer and shareholder, according to the information from its official website.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-27 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.