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The latest announcement is out from TechStar Acquisition Corporation Class A ( (HK:7855) ).
TechStar Acquisition Corporation, incorporated in the Cayman Islands, has announced the redemption price for its Class A shares at HK$11.25 per share. This price is based on the funds in the escrow account divided by the number of outstanding shares. The payment is expected to be made within five business days following the closing of the De-SPAC transaction, which is scheduled for December 10, 2025. If the transaction is not approved or completed, no shares will be redeemed, and the company may face delisting due to insufficient time to find another target.
More about TechStar Acquisition Corporation Class A
Average Trading Volume: 110,000
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.32B
See more insights into 7855 stock on TipRanks’ Stock Analysis page.