Oak Woods Acquisition Corporation Announces Extension of Completion Window to September 28, 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2024
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Should l Buy ?
Source: Newsfilter
- Oak Woods Acquisition Extension: Oak Woods Acquisition Corporation has extended its business combination deadline by 3 months to September 28, 2024, due to a deposit made by its Sponsor, Whale Bay International Company Limited.
- Company Background: Oak Woods Acquisition Corporation is a blank check company formed for potential mergers or acquisitions with other businesses or entities.
- Merger Agreement Details: The company entered into a Merger Agreement with Huajin (China) Holdings Limited and Xuehong Li, extending the completion date to September 28, 2024.
- Business Combination Process: The merger involves merging Merger Sub with Huajin, with Huajin surviving as a wholly-owned subsidiary of Oak Woods.
- Forward Looking Statements: The press release includes forward-looking statements regarding risks and uncertainties, with a disclaimer on any updates or revisions to reflect changes in expectations or circumstances.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
