The latest announcement is out from Aquila Acquisition Corp. Class A ( (HK:7836) ).
Aquila Acquisition Corporation, incorporated in the Cayman Islands, recently announced updates regarding its De-SPAC transaction and changes in its PIPE (Private Investment in Public Equity) investment agreements. Initially, the company had an agreement with Chongqing Yulong Asset Management Group for subscribing to 10 million PIPE shares, which has now been terminated. Subsequently, Aquila has entered into a new agreement with Gusto Fund Limited, managed by OPIM Holdings Limited, for an identical investment amount under similar terms, aligning with the company’s strategic development needs and shareholder considerations. This transition reflects Aquila’s dynamic approach to securing investment and operational liquidity, potentially impacting its market strategy and stakeholder relationships.
More about Aquila Acquisition Corp. Class A
YTD Price Performance: 2.08%
Average Trading Volume: 210,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.22B
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