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TechStar Acquisition Corporation Class A ( (HK:7855) ) has issued an update.
TechStar Acquisition Corporation, incorporated in the Cayman Islands, has initiated a De-SPAC transaction by submitting a new listing application for its Successor Company with the Hong Kong Stock Exchange. This move involves treating the Successor Company as a new listing applicant, aligning with Chapter 9 of the Listing Rules. The application proof containing financial and business information is available online, although subject to changes. The announcement emphasizes that the De-SPAC transaction and subsequent processes are contingent on regulatory and shareholder approvals, and there is no guarantee these will proceed as planned, urging stakeholders to exercise caution.
More about TechStar Acquisition Corporation Class A
YTD Price Performance: 1.04%
Average Trading Volume: 110,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.21B
For a thorough assessment of 7855 stock, go to TipRanks’ Stock Analysis page.