Welcome to our dedicated page for Aquaron Acquisition news (Ticker: AQU), a resource for investors and traders seeking the latest updates and insights on Aquaron Acquisition stock.
Aquaron Acquisition Corp. (AQU) provides investors with centralized access to press releases and strategic updates related to its SPAC activities, including its pending merger with hydrogen vehicle innovator HUTURE. This resource delivers timely information on transaction milestones, regulatory filings, and market developments impacting the company.
Key updates include merger progress reports, leadership announcements, and filings with the SEC. Investors gain insights into how Aquaron identifies targets in high-growth sectors like clean energy while navigating SPAC market dynamics. All content is vetted for accuracy and updated as new information becomes available.
Bookmark this page for streamlined tracking of Aquaron's business combinations and sector-specific developments. Check regularly for official statements regarding merger timelines, shareholder communications, and post-transaction operational plans.
Aquaron Acquisition Corp. (NASDAQ: AQU) has announced an extension of its deadline to complete a business combination. HUTURE has deposited $20,000 into the Company's trust account to extend the completion period by one month, from February 6, 2025 to March 6, 2025.
In exchange for the deposit, the Company issued a non-interest-bearing promissory note to Huture. The note is convertible into Company's common stock units at $10.00 per unit, with each unit comprising one common stock share and one right to receive one-fifth of a common stock share. This extension aims to provide additional time for completing a business combination.
Aquaron Acquisition Corp. (NASDAQ: AQU) has announced an extension of its deadline to complete a business combination. HUTURE has deposited $20,000 into the Company's trust account to extend the completion period by one month, from January 6, 2025 to February 6, 2025.
In exchange for the deposit, Aquaron issued a non-interest-bearing promissory note to Huture. The note is convertible into company shares at $10.00 per unit, with each unit comprising one common stock share and one right to receive one-fifth of a common stock share upon completion of a business combination.
Aquaron Acquisition Corp (NASDAQ: AQU) announced that HUTURE has deposited $20,000 into the Company's trust account to extend its business combination deadline by one month, from November 6, 2024 to December 6, 2024. In exchange, the Company issued a non-interest-bearing promissory note to Huture, convertible into common stock units at $10.00 per unit at the closing of a business combination. Each unit consists of one common stock share and one right to receive one-fifth of a common stock share. This extension aims to provide additional time for completing a business combination.
Aquaron Acquisition Corp. (NASDAQ: AQU), a special purpose acquisition company, has announced an extension to its business combination deadline. HUTURE has deposited $20,000 into the Company's trust account, extending the completion period by one month, from October 6, 2024 to November 6, 2024.
In exchange for the deposit, Aquaron issued a promissory note to Huture with the following terms:
- Principal amount equal to the deposited sum
- No interest
- Convertible into Company's common stock at $10.00 per unit
- Each unit consists of one share of common stock and one right to receive one-fifth of a share
The extension aims to provide Aquaron with additional time to complete a business combination.
Aquaron Acquisition Corp. (NASDAQ: AQU), a special purpose acquisition company, has announced an extension to its business combination deadline. HUTURE has deposited $20,000 into the Company's trust account, extending the completion period by one month, from September 6, 2024, to October 6, 2024.
In exchange for this contribution, Aquaron issued a promissory note to Huture with the following terms:
- Principal amount equal to the deposited sum
- No interest
- Convertible into Aquaron's common stock at $10.00 per unit
- Each unit consists of one common share and one right to receive 1/5 of a share
This extension aims to provide Aquaron with additional time to complete its business combination, demonstrating the company's commitment to finding a suitable merger target.
Aquaron Acquisition Corp. (NASDAQ: AQU) has received a delisting notification from Nasdaq due to non-compliance with the Minimum Public Holders Rule, which requires at least 300 public holders. Trading of AQU's common stock will be suspended on September 4, 2024, unless the company appeals. The company is also delinquent in filing its Q2 2024 10-Q report. AQU was initially notified of non-compliance on February 28, 2024, and granted an extension until August 26, 2024. The company intends to request an appeal and a stay of suspension, which would allow continued trading on Nasdaq Capital Market until the hearing process concludes. However, there is no assurance that the appeal will be successful or that AQU's securities will remain listed.
Aquaron Acquisition Corp. (NASDAQ: AQU), a special purpose acquisition company, has announced an extension to its business combination deadline. HUTURE has deposited $20,000 into the Company's trust account, extending the period to complete a business combination by one month, from August 6, 2024 to September 6, 2024.
In exchange, Aquaron issued a promissory note to Huture for the deposited amount. The note bears no interest and is convertible into company shares at $10.00 per unit upon closing a business combination. Each unit consists of one common stock share and one right to receive one-fifth of a share. This extension aims to provide Aquaron with additional time to finalize a business combination.
On July 12, 2024, HUTURE announced a definitive merger agreement with Aquaron Acquisition Corp. (Nasdaq: AQU). This merger will result in HUTURE's operations being managed by HUTURE Group , a Cayman Islands-based holding entity, and is expected to trade on Nasdaq. The transaction values the combined company at an initial equity value of approximately $1 billion, with HUTURE shareholders retaining a majority stake and appointing directors to the board.
Founded in 2020, HUTURE specializes in hydrogen-powered vehicle manufacturing. The merger aims to enhance HUTURE’s market presence and growth strategy, capitalizing on the increasing demand for eco-friendly transportation. The deal is anticipated to close later this year, pending shareholder and regulatory approvals.
Aquaron Acquisition Corp. (NASDAQ: AQU) announced on July 8, 2024, that Bestpath IoT Technology has deposited $20,000 into the Company's trust account. This deposit extends the period for completing a business combination by one month, moving the deadline from July 6, 2024, to August 6, 2024. The Company issued a promissory note to Bestpath, with no interest, convertible to common stock at $10.00 per unit upon closing a business combination. Each unit comprises one share of common stock and a right to receive one-fifth of a share of common stock. The extension aims to give Aquaron Acquisition Corp. more time to finalize a business combination.
Aquaron Acquisition Corp. (NASDAQ: AQU) announced an extension of its time frame to complete a business combination by one month, now ending on July 6, 2024, thanks to a $20,000 contribution from Bestpath IoT Technology Bestpath has deposited the fund into Aquaron's trust account, and in return, Aquaron has issued a promissory note to Bestpath equivalent to the deposit. The note carries no interest and can be converted into Aquaron's common stock at $10.00 per unit. This extension aims to provide Aquaron with additional time to finalize a suitable business combination.
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