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Aquila Acquisition Corp. Sets Share Redemption Price Amid De-SPAC Uncertainty

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Aquila Acquisition Corp. Sets Share Redemption Price Amid De-SPAC Uncertainty

Aquila Acquisition Corp. Class A ( (HK:7836) ) has shared an update.

Aquila Acquisition Corporation, incorporated in the Cayman Islands, has announced the Share Redemption Price for its Class A shares at HK$10.00 per share, contingent on the successful completion of a De-SPAC transaction. The payment is expected within five business days following the transaction’s closing, anticipated on March 10, 2025. If the transaction is not approved or completed, no redemption will occur, and the company may face challenges in identifying another target before potential winding up as per Listing Rules.

More about Aquila Acquisition Corp. Class A

YTD Price Performance: 2.71%

Average Trading Volume: 262,500

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.22B

For detailed information about 7836 stock, go to TipRanks’ Stock Analysis page.

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