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Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) has issued an update.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, announced the termination of discussions regarding a potential subscription agreement. The company and the potential subscriber mutually agreed to end negotiations, and no binding agreements were made. This decision halts any further proceedings related to the subscription and the possible application for a Whitewash Waiver. Stakeholders are advised to exercise caution when dealing with the company’s shares due to the implications of this termination.
More about Hong Kong Aerospace Technology Group Limited
YTD Price Performance: -26.14%
Average Trading Volume: 5,327,425
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$302.4M
Find detailed analytics on 1725 stock on TipRanks’ Stock Analysis page.