Car Tech, LLC, a U.S. stamped auto-body parts manufacturer and subsidiary of leading Korean supplier, Shinyoung Co., Ltd., and AltEnergy Acquisition, a special purpose acquisition company, announced that they have entered into a definitive business combination agreement that would result in Car Tech becoming a publicly traded company on the NASDAQ Capital Market. The transaction aims to expand Car Tech’s U.S. manufacturing operations with an emphasis on its growing EV battery-related body parts business.
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