BRIEF-Huture Ltd. Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp-June 2024-www.financetom.com

BRIEF-Huture Ltd. Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp

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BRIEF-Huture Ltd. Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp

Jul 12, 2024 1:54 PM

July 12 (Reuters) - Aquaron Acquisition Corp ( AQU ):

* HUTURE LTD. ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH

AQUARON

ACQUISITION CORP.

* HUTURE LTD : PROPOSED TRANSACTION REFLECTS AN INITIAL

EQUITY

VALUE OF APPROXIMATELY $1 BILLION

* HUTURE: WILL DESIGNATE ALL OF PROPOSED DIRECTORS FOR

COMBINED

COMPANY BOARD

* HUTURE LTD : PROPOSED DEAL FOR PRICE OF US$10.00 PER SHARE

* HUTURE: UPON CLOSING, CURRENT SHAREHOLDERS OF HUTURE WILL

RETAIN A MAJORITY OF OUTSTANDING SHARES OF COMBINED BUSINESS

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