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Charlton Aria Acquisition Corporation Class A ( (CHAR) ) has provided an update.
Charlton Aria Acquisition Corporation Class A may face limitations in completing an initial business combination with a U.S. target company due to its classification as a ‘foreign person’ under U.S. foreign investment regulations. This classification, influenced by the ownership and control held by Chen Siak Chan and Valley Point, subjects the company to potential review or prohibition by the Committee on Foreign Investment in the United States (CFIUS), thereby reducing the pool of potential U.S. target companies.
More about Charlton Aria Acquisition Corporation Class A
Average Trading Volume: 39,736
See more data about CHAR stock on TipRanks’ Stock Analysis page.