Aurora Technology Merger Creates New DIH Entity
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Aurora Technology Merger Creates New DIH Entity

Aurora Technology Acquisition (ATAK) has released an update to notify the public and investors about a regulation fd disclosure.

Aurora Technology Acquisition Corp. (ATAK) and DIH Holding US, Inc. have entered into a Business Combination Agreement, leading to a merger where the resulting entity will be a Delaware corporation named New DIH. This merger has been approved by The Nasdaq Stock Market LLC, with New DIH’s Class A common stock and related warrants set to trade under the symbols “DHAI” and “DHAIW” respectively. The transaction is scheduled to close on February 7, 2024, with trading commencing the following day. ATAK waived a pre-closing condition to facilitate the timely completion of the merger.

For further insights into ATAK stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

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