Combination company

Greenfire Resources Inc. and M3-Brigade Acquisition III Corp. Announce US$950 million Business Combination

Retrieved on: 
Thursday, December 15, 2022
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The Business Combinationwas unanimously recommended and approved by the boards of directors of both Greenfire and MBSC.

Key Points: 
  • The Business Combinationwas unanimously recommended and approved by the boards of directors of both Greenfire and MBSC.
  • Shareholders holding approximately 84% of the aggregate voting power of Greenfire have executed support agreements whereby they agreed to vote in favor of the Business Combination.
  • Carter Ledyard & Milburn LLP, Burnet, Duckworth & Palmer LLP and Felesky Flynn LLP are acting as counsel to Greenfire.
  • GRL, MBSC and Greenfire, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of MBSC's stockholders in respect of the Business Combination.

HUB Cyber Security and Mount Rainier Announce Registration Statement Effectiveness and Special Meeting Date to Approve Business Combination

Retrieved on: 
Friday, December 9, 2022
Special, Computer security, Israeli Intelligence Corps, Intelligence, Government, PIPE, Risk, LLP, Registration statement, Confidentiality, HUB, Latham & Watkins, Failure, Register, F-4, TASE, 100,000, HSBC Bank, Probability, AXA, Xi, Internet, Business, Lloyd's of London, Veteran, Date, Form, Form F-4, MOD, Acquisition, Combination company, The Company, Unit, Lockheed Martin, TEL, GE, Research, Prospectus, American Broadcasting Cos., Inc. v. Aereo, Inc., Shareholder, Public expenditure, Forecasting, SAP, Security (finance), Weapon, Cryptocurrency, Risk management, Financial services, Mount Rainier Volcano Lahar Warning System

TEL AVIV, Israel, Dec. 9, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced that its registration statement on Form F-4 (the "Registration Statement"), in connection with its previously announced business combination (the "Business Combination") with Mount Rainier Acquisition Corp. ("RNER"), has been declared effective by the U.S. Securities and Exchange Commission (the "SEC") as of December 8, 2022.

Key Points: 
  • RNER will hold a Special Meeting of Stockholders at 10:00 a.m. Eastern time on December 30, 2022, to approve the previously announced business combination with HUB.
  • Stockholders of record at the close of business on November 18, 2022, will be entitled to receive notice of and to vote at the Special Meeting.
  • The proxy statement/prospectus is being mailed to the Company's stockholders of record as of the close of business on the Record Date.
  • Notice of the Special Meeting was mailed on or about December 9, 2022 to stockholders of record as of the Record Date.

20Cube Logistics Expands Malaysia Distribution Center to 250K SQ FT of Storage to Support Asia Pacific Region

Retrieved on: 
Thursday, December 1, 2022
Software, Technology, Transport, Logistics, Supply Chain Management, Marketing, COVID-19, Growth, Business architecture, Proxy, Distribution center, F-4, Risk, DC, Combination company, Business development, Movement, POD, Prospectus, Workflow, B2C, Patent, PIPE, Port Klang Free Zone, Sale, Transaction, Failure, Form, Combined, Business, DTS, Acquisition, Probability, Warehouse, Evo, Cube

The 20Cube Port Klang Malaysia Distribution Center serves as a major hub for customers throughout Southeast Asia, Australia, India, China, and the Middle East.

Key Points: 
  • The 20Cube Port Klang Malaysia Distribution Center serves as a major hub for customers throughout Southeast Asia, Australia, India, China, and the Middle East.
  • It offers a unique Off-shore Pick and Pack solution to multiple Australian customers through Port Klang Malaysia Distribution Centers.
  • Our Port Klang Malaysia operations offer significant cost, supply chain and logistics advantages to our Australian customers, said John McNally, Chief Executive Officer of 20Cube Logistics Australia.
  • Richard Mallon, Director - Business Development of 20Cube Logistics Australia, added, 20Cube Malaysia benefits our Australian customers by combining warehousing solutions with offshore capabilities.

Leonardo DRS Announces Closing of Merger With RADA

Retrieved on: 
Monday, November 28, 2022
Technology, Defense, Other Technology, Other Defense, Combination company, COVID-19, Growth, Adjustment, FLI, RADA, Communication, Tel Aviv Stock Exchange, LDO, Leonardo DRS, Risk, Government, Leonardo S.p.A., Annual report, Prospectus, RADA Electronic Industries, Security (finance), U.S. Department of Defense Strategy for Operating in Cyberspace, Agility, Tax, TASE, Uncertainty, Combined, Risk management, DRS

Leonardo DRS, Inc. (Leonardo DRS, or the Company), a leading mid-tier defense technology provider, today announced the successful completion of the all-stock merger between Leonardo DRS and RADA Electronic Industries Ltd. (RADA) to become a combined public company (the Combined Company).

Key Points: 
  • Leonardo DRS, Inc. (Leonardo DRS, or the Company), a leading mid-tier defense technology provider, today announced the successful completion of the all-stock merger between Leonardo DRS and RADA Electronic Industries Ltd. (RADA) to become a combined public company (the Combined Company).
  • As previously disclosed, RADA shareholders will retain 19.5% ownership in the Combined Company with Leonardo DRSs parent company, Leonardo S.p.A., (MIL: LDO), owning the remaining 80.5%.
  • We look forward to bringing Leonardo DRSs mid-tier strength to the public markets with the addition of RADAs leading tactical radar capabilities, said William J. Lynn III, Chairman & CEO of Leonardo DRS.
  • The RADA team looks forward to continuing to penetrate the tactical radar market within the strong Leonardo DRS platform.

Able View Inc., a Leading Full-Service Cross-Border Brand Management Company in China, Announces Execution of Business Combination Agreement with Hainan Manaslu Acquisition Corp.

Retrieved on: 
Tuesday, November 22, 2022
Marketing, View, Inc., Business architecture, F-4, Risk, Social media, Guoxing Avenue, Proxy, Omnichannel, Prospectus, NetEase, Transaction, SEC filing, Combined, HMAC, Person, COVID-19, Growth, LLP, SPAC, Pub chain, Combination company, Combination, Form, Failure, Beauty, Acquisition, Probability, Cosmetics, Disclosure, Able, Social marketing, PIPE, Sale, Form F-4, Retail, Financial services, Security (finance), Insurance, PRC, West Tower

Shanghai, China, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Able View Inc. (“Able View” or the “Company”), a leading cross-border brand management company, announced that on November 21, 2022, Able View entered into a definitive business combination agreement (the “Business Combination Agreement”) with Hainan Manaslu Acquisition Corp. (“HMAC”) (Nasdaq: HMAC, HMACU, HMACW, HMACR), a Cayman Islands special purpose acquisition company. The parent company following the consummation of the business combination will be a new Cayman Islands holding company (the “Combined Company” or “Pubco”) called Able View Global Inc., and will be led by Mr. Zhu Jian, Founder and Chief Executive Officer of Able View. Pubco’s ordinary shares are expected to be listed on the Nasdaq Capital Market.

Key Points: 
  • Shanghai, China, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Able View Inc. (Able View or the Company), a leading cross-border brand management company, announced that on November 21, 2022, Able View entered into a definitive business combination agreement (the Business Combination Agreement) with Hainan Manaslu Acquisition Corp. (HMAC) (Nasdaq: HMAC, HMACU, HMACW, HMACR), a Cayman Islands special purpose acquisition company.
  • Founded in Hong Kong in 2015, Able View Inc. is a leading cross-border brand management company focusing on beauty and personal care segments.
  • For each brand it manages, Able View provides dedicated personnel involving managers and team members with deep and relevant domain experience and brand management expertise.
  • We are quite impressed by the business performance as well as industry know-how supporting Able Views comprehensive brand management operation.

Majic Wheels Corp. Enters Definitive Merger Agreement with OceanTech Acquisitions I Corp.

Retrieved on: 
Tuesday, November 15, 2022
Crypto, Business architecture, Sumathi Best Television Current Reporting Award, Blockchain, Tripura Merger Agreement, Risk, Security (finance), OTC, Proxy, Communication, Madison Avenue, Wheel, Floor, Insurance, Trust, Prospectus, Science and technology in Asia, Combined, Person, COVID-19, Mergers and acquisitions, LLP, B2B, Combination company, Failure, Acquisition, File, PIPE, Sale, Name, Investment, Airline, Cryptocurrency, Risk management, Financial technology, Majic Window

Additionally, concurrent and in connection with the Merger Agreement, OceanTech and Majic Wheels have entered into a Forward Share Purchase Agreement for up to $40 million committed backstop by Meteora Capital Partners and its affiliates (collectively, Meteora).

Key Points: 
  • Additionally, concurrent and in connection with the Merger Agreement, OceanTech and Majic Wheels have entered into a Forward Share Purchase Agreement for up to $40 million committed backstop by Meteora Capital Partners and its affiliates (collectively, Meteora).
  • Sathyanandham Anguswami, CEO of Majic Wheels, comments: Majic Wheels has spent the past year transforming and refocusing its core business, whilst simultaneously innovating it during a historic macro-economic downturn.
  • As a result, we are excited to be emerging with a value proposition that is stronger than ever, and for which this Merger Agreement with OceanTech will be invaluable.
  • OceanTech is sponsored by OceanTech Acquisitions I Sponsors LLC, an affiliate of investor and entrepreneur Joseph Adir.

Majic Wheels Corp. Enters Definitive Merger Agreement with OceanTech Acquisitions I Corp.

Retrieved on: 
Tuesday, November 15, 2022
Retail, Insurance, Technology, Finance, Fintech, Transportation, Blockchain, Professional Services, Travel, Luxury, Maritime, Transport, Vacation, Software, Cruise, Cryptocurrency, Crypto, Communication, Combined, Trust, Proxy, Madison Avenue, Acquisition, Security (finance), Mergers and acquisitions, Person, Science and technology in Asia, Risk, Name, Investment, PIPE, Tripura Merger Agreement, Floor, Form, Prospectus, LLP, COVID-19, Sale, Business architecture, Failure, OTC, File, Combination company, Blockchain, Nelson Mullins Riley & Scarborough, B2B, Insurance, Wheel, Airline, Cryptocurrency, Risk management, Financial technology, Majic Window

Majic Wheels Corp. (Majic Wheels) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp. (OceanTech) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the Merger Agreement) that will result in Majic Wheels becoming a publicly listed company on The Nasdaq Stock Market LLC.

Key Points: 
  • Majic Wheels Corp. (Majic Wheels) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp. (OceanTech) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the Merger Agreement) that will result in Majic Wheels becoming a publicly listed company on The Nasdaq Stock Market LLC.
  • Additionally, concurrent and in connection with the Merger Agreement, OceanTech and Majic Wheels have entered into a Forward Share Purchase Agreement for up to $40 million committed backstop by Meteora Capital Partners and its affiliates (collectively, Meteora).
  • Sathyanandham Anguswami, CEO of Majic Wheels, comments: Majic Wheels has spent the past year transforming and refocusing its core business, whilst simultaneously innovating it during a historic macro-economic downturn.
  • As a result, we are excited to be emerging with a value proposition that is stronger than ever, and for which this Merger Agreement with OceanTech will be invaluable.

Hub Security Files Amendment to Registration Statement for Its Upcoming $1.28 Billion Nasdaq Listing

Retrieved on: 
Wednesday, November 23, 2022
Food and Drug Administration Amendments Act of 2007, Risk, Failure, F-4, TASE, SPAC, Probability, The Company, Computer security, Confidentiality, Business, Form, Acquisition, HUB, 100,000, TEL, Public expenditure, Combination company, Intelligence, Prospectus, Veteran, Sale, Government, Xi, Security (finance)

HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces.

Key Points: 
  • HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces.
  • The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information.
  • HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.
  • This press release is not a substitute for any registration statement or for any other document that HUB or RNER may file with the SEC in connection with the proposed transaction.

Profusa, Inc., a Digital Health Company, Pioneering the Next Generation of Personalized Medicine, to Become a Publicly Traded Company Via Merger with NorthView Acquisition Corp

Retrieved on: 
Monday, November 7, 2022
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Upon closing of the transaction, NorthView will be renamed Profusa Inc. (the Combined Company).

Key Points: 
  • Upon closing of the transaction, NorthView will be renamed Profusa Inc. (the Combined Company).
  • Profusa is based in Emeryville, CA and is a digital health company that is pioneering the next generation of personalized medicine via the development of novel tissue-integrated biosensors.
  • Profusas technology enables continuous transmission of wireless and cloud based actionable medical-grade data for personal, professional and medical use.
  • Profusa, aDelawarecorporation, is a digital health company that is pioneering the next generation of personalized medicine as a leading developer of novel tissue integrated biosensors.

Ouster and Velodyne Announce Proposed Merger of Equals to Accelerate Lidar Adoption

Retrieved on: 
Monday, November 7, 2022
Robotics, Vehicle Technology, Automotive, Technology, Autonomous Driving, Vehicles, Software, Hardware, Slate, ADAS, 100,000, Failure, Annual report, U.S. Securities and Exchange Commission, Form, Technology, SEC, Terrorism, Solution, Sumathi Best Television Current Reporting Award, Prospectus, Growth, XV, Board, Intellectual property, NYSE, Securities Act of 1933, JOINT, Skadden, Security (finance), Efficiency, Sale, Barclays, BofA Securities, Webcast, Latham & Watkins, COVID-19, Sustainability Accounting Standards Board, Review, Adoption, PARTIES, Economics, Investment, Industry, Section 10 of the Canadian Charter of Rights and Freedoms, Combination company, Safety, Motion, NASDAQ, Risk, Name, Robotics, Person, Communication, Management, Renewable energy, Financial adviser, Risk management, Ouster, Velodyne, Part Two

Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.

Key Points: 
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the proposed merger.
  • Ouster, Velodyne and their respective directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the stockholders of Ouster and Velodyne in connection with the proposed merger.
  • Additional information regarding the interests of such individuals in the proposed merger will be included in the Joint Proxy Statement/Prospectus relating to the proposed merger when it is filed with the SEC.