Vision Deal HK Seeks Extension Amid Regulatory Delays

Vision Deal HK Acquisition Corp. Class A (HK:7827) has released an update.

Vision Deal HK Acquisition Corp. is seeking shareholder approval to extend the deadline for its De-SPAC transaction by six months due to regulatory filing delays with the China Securities Regulatory Commission. The company emphasizes that there’s no certainty the transaction will be completed even with the extension and advises shareholders to exercise caution. This move highlights the challenges faced by companies navigating regulatory environments in cross-border financial activities.

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