Embrace Change Acquisition Corp. amended its merger agreement with Tianji Tire Global. The Amendment removes the closing condition that required the purchaser to have at least $5,000,001 in net tangible assets at closing, extends the Outside Date to August 12, 2026, updates the Merger Sub definition, and adds Tianji’s obligation to pay the balance of the extension payment and expenses needed to complete the transaction.
The business combination structure remains a two‑step deal: a reincorporation merger followed by the acquisition merger, after which the purchaser would be publicly traded. The added cost obligations on Tianji shift certain transaction expenses away from EMCG, while the deadline extension provides more time to satisfy remaining conditions.
Embrace Change Acquisition Corp. (EMCWF) appears on a Nasdaq Form 25 notifying the Commission of a removal of its class of securities from listing and/or registration under Section 12(b) of the Exchange Act. The filing identifies the issuer name, Nasdaq Stock Market LLC as the exchange, and provides the issuer's principal office address and telephone number. The form reproduces the regulatory rule references used for delisting/withdrawal procedures and states the exchange's certification of compliance with applicable rules. Several typical form fields, including the specific rule checkbox selection, the signature/date block, and any explanatory reason or effective date, are not present in the provided text.
Amendment to Schedule 13G for Embrace Change Acquisition Corp (Ordinary Shares, CUSIP G3034H109) filed by Wolverine Asset Management, LLC and related entities reports that the reporting persons hold zero beneficial shares of the issuer.
The filing lists the reporting group as Wolverine Asset Management, LLC; Wolverine Holdings, L.P.; Wolverine Trading Partners, Inc.; and individuals Christopher L. Gust and Robert R. Bellick, all organized or domiciled in Illinois (individuals are U.S. citizens). The statement confirms 0 shares, 0% ownership, and no voting or dispositive power reported by any filer, and includes certification that the securities were acquired and are held in the ordinary course of business.