Greenland Acquisition Corp. (GLAC), recently announced that its shareholders have approved their business combination with Zhongchai Holding (Hong Kong) Limited, a developer and manufacturer of traditional transmission products for material handling machineries. Zhongchai is also a developer of a robotic cargo carrier prototype expected to be available for commercial use in the near future in China.
As part of the transaction, the Company changed its name to “Greenland Technologies Holding Corporation”. As a result, the Company expects that its ordinary shares and warrants will begin trading on The Nasdaq Capital Market under the ticker symbols “GTEC” and “GTECW,” respectively, starting on or about October 28, 2019, and that its units and rights will cease trading as of the close of business on October 28, 2019.
At the SPAC of Dawn Equities and crypto trading platform eToro has at long last priced its IPO and it is expected to begin trading later today have secured a debut price at $52, above its $46-to-$50 range. This price still values the company at about $4.2 billion, which is less than half of the...
Churchill Capital Corp X (NASDAQ:CCCXU) announced the pricing of its upsized $360 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCXU”, Wednesday, May 14, 2025. The new SPAC aims to conduct a broad search for a business combination target leveraging its teams existing network and expertise. Churchill...
Jena II (NYSE:JENAU) has filed for a $200 million SPAC that brings serial SPAC leader William P. Foley II and his team back into the ring. This pedigree is clear in the terms the team has been able to command with just one right to a 1/20 share in each unit and 24 months to...
At the SPAC of Dawn Investors are set to get an update on Core CPI inflation readings this morning as de-SPACs continue to report on operational advances alongside their first quarter earnings. Among them, eVTOL developer Archer (NYSE:ACHR) noted that it is on track to deliver its first Midnight aircraft to the UAE in the...
Perimeter Acquisition Corp. I (NASDAQ:PMTRU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PMTRU”, Tuesday, May 13, 2025. The new SPAC aims to combine with a target company with that can contribute to the re-industrialization of the United States economy,...