Harney Westwood & Riegels

BitFuFu Completes Business Combination with Arisz Acquisition Corp

Retrieved on: 
Jeudi, février 29, 2024

NEW YORK and SINGAPORE, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Finfront Holding Company, a fast-growing digital asset mining service and world-leading cloud-mining service provider ("BitFuFu" or the "Company"), and Arisz Acquisition Corp.(“ARIZ”), a publicly-traded special purpose acquisition company, today announced that they have completed their previously announced business combination (the “Business Combination”).

Key Points: 
  • NEW YORK and SINGAPORE, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Finfront Holding Company, a fast-growing digital asset mining service and world-leading cloud-mining service provider ("BitFuFu" or the "Company"), and Arisz Acquisition Corp.(“ARIZ”), a publicly-traded special purpose acquisition company, today announced that they have completed their previously announced business combination (the “Business Combination”).
  • The listed company following the Business Combination is BitFuFu Inc., and its Class A ordinary shares and warrants will commence trading on the Nasdaq Stock Market under the ticker symbols “FUFU” and “FUFUW”,  starting March 1, 2024.
  • In connection with the Business Combination,  BitFuFu obtained US$74 million in private investment in public equity ("PIPE") financing commitments from existing shareholders and strategic partners, including Bitmain and AntPool.
  • Echo Hindle-Yang, Chairwoman and CEO of Arisz Acquisition Corp. commented, "BitFuFu has been at the forefront in a rapidly growing and evolving industry, and we are proud to bring this company to the public markets through this successful business combination.

Gracell Biotechnologies to be acquired by AstraZeneca, furthering cell therapy ambition across oncology and autoimmune diseases

Retrieved on: 
Mardi, décembre 26, 2023

SAN DIEGO and SUZHOU, China and SHANGHAI, China, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (“Gracell” or the “Company”, NASDAQ: GRCL), a global clinical-stage biopharmaceutical company dedicated to developing innovative cell therapies for the treatment of cancer and autoimmune diseases, today announced it has entered into a definitive agreement to be acquired by AstraZeneca.

Key Points: 
  • Autologous CAR-T is a type of cell therapy created by reprogramming a patient’s immune T cells to target disease-causing cells, and the manufacturing process for this type of treatment is complex and time-consuming.
  • Gracell’s FasTCAR next-day manufacturing platform significantly shortens manufacturing time, enhances T cell fitness and will potentially improve the effectiveness of autologous CAR-T treatment in patients.
  • AllBright Law Offices is acting as PRC legal advisor to Gracell, and Harney Westwood & Riegels is acting as Cayman Islands legal advisor to Gracell.
  • RuiMin is acting as PRC legal advisor to AstraZeneca, and Maples Group is acting as Cayman Islands legal advisor to AstraZeneca.

Notice of petition for winding-up of Airstream Investment LTD.

Retrieved on: 
Mardi, novembre 28, 2023

LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- TAKE NOTICE that a petition for an order that AIRSTREAM INVESTMENT LTD., whose registered office is situated at c/o Hermes Corporate Services Ltd., 5th Floor, Zephyr House, 122 Mary Street, George Town Grand Cayman KY1-1206, Cayman Islands. (the "Company") be put into liquidation and wound up in accordance with the provisions of the Companies Act (2023 REVISION) has been presented to the Grand Court of the Cayman Islands, CAUSE NO: FSD 329 OF 2023 (IKJ).

Key Points: 
  • LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- TAKE NOTICE that a petition for an order that AIRSTREAM INVESTMENT LTD., whose registered office is situated at c/o Hermes Corporate Services Ltd., 5th Floor, Zephyr House, 122 Mary Street, George Town Grand Cayman KY1-1206, Cayman Islands.
  • The petition was presented by I-Tiger Global Investment Management Limited a Cayman Islands Exempted Company, with its registered office at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O.
  • Copies of the petition and supporting affidavits may be obtained free of charge from the Petitioner's attorneys, Conyers Dill & Pearman LLP at SIX, Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, Cayman Islands KY1-1111.
  • Any person who intends to appear and be heard on the hearing of the petition shall give at least 3 days' notice of that person's intention to the Petitioner's attorneys.

iClick Interactive Asia Group Limited Enters into a Definitive Merger Agreement for Going-Private Transaction

Retrieved on: 
Vendredi, novembre 24, 2023

The Board, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), unanimously approved the Merger Agreement and the Merger, and unanimously resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the Merger.

Key Points: 
  • The Board, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), unanimously approved the Merger Agreement and the Merger, and unanimously resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the Merger.
  • The Special Committee negotiated the terms of the Merger Agreement with the assistance of its independent financial and legal advisors.
  • The Rollover Shareholders have agreed to vote all of the Shares beneficially owned by them in favor of the authorization and approval of the Merger Agreement and the Merger pursuant to the Support Agreement.
  • In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 Transaction Statement (the "Schedule 13E-3").

Able View Completes Business Combination with Hainan Manaslu Acquisition Corp. to Become Publicly Traded Company

Retrieved on: 
Jeudi, août 17, 2023

NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Able View Global Inc. (“Able View,” or the “Company”), one of the largest comprehensive brand management partners of international beauty and personal care brands in China, today announced that it has completed its previously announced business combination with Hainan Manaslu Acquisition Corp. (Nasdaq: HMAC) (“HMAC”), a publicly traded special purpose acquisition company.

Key Points: 
  • NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Able View Global Inc. (“Able View,” or the “Company”), one of the largest comprehensive brand management partners of international beauty and personal care brands in China, today announced that it has completed its previously announced business combination with Hainan Manaslu Acquisition Corp. (Nasdaq: HMAC) (“HMAC”), a publicly traded special purpose acquisition company.
  • The business combination was approved at an extraordinary general meeting of HMAC’s shareholders on August 2, 2023.
  • Upon the closing of the business combination, HMAC and Able View Inc. each becomes a wholly owned subsidiary of Able View Global Inc.  Beginning August 18, 2023, Able View’s Class B ordinary shares and warrants will trade on the Nasdaq Capital Market under the ticker symbols “ABLV” and “ABLVW,” respectively.
  • Zhifan Zhou, Chief Executive Officer of HMAC commented, "We are excited to complete the Business Combination between HMAC and Able View.

LAIX Inc. Announces Completion of Going-Private Transaction

Retrieved on: 
Mardi, octobre 11, 2022

Because Merger Sub owned over 90% of the voting power represented by all issued and outstanding shares of LAIX prior to the effectiveness of the LAIX Merger and the LAIX Merger was in the form of a short-form merger in accordance with Section 233(7) of the Cayman Islands Companies Act, the LAIX Merger was not subject to a vote of the shareholders of LAIX.

Key Points: 
  • Because Merger Sub owned over 90% of the voting power represented by all issued and outstanding shares of LAIX prior to the effectiveness of the LAIX Merger and the LAIX Merger was in the form of a short-form merger in accordance with Section 233(7) of the Cayman Islands Companies Act, the LAIX Merger was not subject to a vote of the shareholders of LAIX.
  • LAIX intends to file with the U.S. Securities and Exchange Commission (the "SEC") a Form 15 suspending LAIX's reporting obligations under the Securities Exchange Act of 1934.
  • LAIX Inc. ("LAIX" or the "Company") is an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning.
  • LAIX provides its products and services on demand via its mobile apps, primarily its flagship "English Liulishuo" mobile app launched in 2013.

Harney & Sons unveils its latest line of tea blends, the Disney Collection

Retrieved on: 
Vendredi, septembre 23, 2022

MILLERTON, N.Y., Sept. 23, 2022 /PRNewswire/ -- Harney & Sons Fine Teas is pleased to announce the launch of a new line of teas in collaboration with Disney.

Key Points: 
  • MILLERTON, N.Y., Sept. 23, 2022 /PRNewswire/ -- Harney & Sons Fine Teas is pleased to announce the launch of a new line of teas in collaboration with Disney.
  • Available now, the Disney Collection from Harney & Sons features five beloved Disney characters as the inspiration for five new tea blends.
  • The Disney Collection of teas from Harney & Sons is available at harney.com as well as our stores in SoHo and Millerton, New York.
  • As the third generation of Harneys continues to carry out that mission, including educating tea lovers about fascinating tea traditions and types of tea found around the world, Harney & Sons customers are discovering their own passion for tea through the products and experience Harney offers.

BlueCity Announces Completion of Merger

Retrieved on: 
Vendredi, août 12, 2022

BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (BlueCity or the Company) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the Merger) with Diversefuture Limited (the Merger Sub), a wholly-owned subsidiary of Multelements Limited (the Parent), pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of April 30, 2022, among the Company, the Parent and the Merger Sub.

Key Points: 
  • BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (BlueCity or the Company) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the Merger) with Diversefuture Limited (the Merger Sub), a wholly-owned subsidiary of Multelements Limited (the Parent), pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of April 30, 2022, among the Company, the Parent and the Merger Sub.
  • As a result of the Merger, the Company became a wholly owned subsidiary of Parent and will cease to be a publicly traded company.
  • BlueCity (NASDAQ: BLCT) is a world-leading online LGBTQ community providing a comprehensive suite of services to foster connections and enhance the wellbeing of the LGBTQ community.
  • With commitment to providing high-quality user experience, ensuring privacy protection, and promoting community health and well-being, BlueCity has captured the hearts and minds of LGBTQ people across the globe.

LAIX Inc. Enters into Definitive Agreement for Going-Private Transaction

Retrieved on: 
Vendredi, juin 17, 2022

The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.

Key Points: 
  • The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.
  • In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 transaction statement to its shareholders.
  • LAIX Inc. ("LAIX" or the "Company") is an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning.
  • LAIX provides its products and services on demand via its mobile apps, primarily its flagship "English Liulishuo" mobile app launched in 2013.

CH-AUTO, A Chinese Electric Vehicle Manufacturing and Design Service Company, Announces Plans To Become A Public Company Via Merger Transaction With Mountain Crest Acquisition Corp. IV

Retrieved on: 
Lundi, mai 2, 2022

In 2015, CH-AUTO established a wholly-owned subsidiary "QIANTU MOTOR" (QT), aiming to build an electric vehicle brand for the global market.

Key Points: 
  • In 2015, CH-AUTO established a wholly-owned subsidiary "QIANTU MOTOR" (QT), aiming to build an electric vehicle brand for the global market.
  • CH-AUTO is a technology-driven company founded in 2003 and has been an electric vehicle manufacturing and design service company in China.
  • Mountain Crest and CH-AUTO caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
  • For CH-AUTO TECHNOLOGY CORPORATION LTD.:
    Building 4, AVIC International Industrial Park Area 1, Shijun North Street, Shunyi District, Beijing, China
    For Mountain Crest Acquisition Corp. IV: