NYSE:BSAQ

VinFast's Registration Statement on Form F-4 in Connection with Its Proposed Business Combination with Black Spade Declared Effective by The U.S. Securities and Exchange Commission

Retrieved on: 
星期六, 七月 29, 2023
EV, Form F-4, EGM, VinFast VF e34, Movement, EVS, Sumathi Best Television Current Reporting Award, F-4, NYSE American, Form, Security (finance), NYSE, Automation, Cryptocurrency, Black Spades, VinFast

Ltd. ("VinFast" or "the Company") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") announced that the U.S. Securities and Exchange Commission ("the SEC") has declared effective the registration statement on Form F-4 of VinFast in connection with its proposed business combination with Black Spade.

Key Points: 
  • Ltd. ("VinFast" or "the Company") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") announced that the U.S. Securities and Exchange Commission ("the SEC") has declared effective the registration statement on Form F-4 of VinFast in connection with its proposed business combination with Black Spade.
  • Black Spade has scheduled the Extraordinary General Meeting of Shareholders ("EGM") to approve the proposed business combination with VinFast to be held on August 10, 2023.
  • The business combination values VinFast at an enterprise value of US$27 billion and an equity value of US$23 billion.
  • Additional information about the proposed transaction, including a copy of the business combination agreement, is available in Black Spade's Current Report on Form 8-K, filed on May 12, 2023 with the Securities and Exchange Commission ("SEC") at www.sec.gov.

Black Spade Acquisition Co Announces Transfer Listing to NYSE American from NYSE

Retrieved on: 
星期五, 六月 16, 2023
NYSE American, NYSE, Security (finance), Cryptocurrency

HONG KONG, June 16, 2023 /PRNewswire/ -- Black Spade Acquisition Co (the "Company") today announced it is transferring the listing of its units, Class A ordinary shares and warrants to the NYSE American LLC ("NYSE American") from the New York Stock Exchange LLC ("NYSE").

Key Points: 
  • HONG KONG, June 16, 2023 /PRNewswire/ -- Black Spade Acquisition Co (the "Company") today announced it is transferring the listing of its units, Class A ordinary shares and warrants to the NYSE American LLC ("NYSE American") from the New York Stock Exchange LLC ("NYSE").
  • The decision to transfer to the NYSE American was motivated by several factors, including more favorable thresholds for continued listing on the NYSE American following potential redemptions of the Company's Class A ordinary shares in connection with the vote to extend the deadline by which the Company must complete its initial business combination.
  • The Company expects to begin trading under its current symbols "BSAQU," "BSAQ" and "BSAQWS" for its units, Class A ordinary shares and warrants, respectively, at the open of trading on NYSE American on June 21, 2023.
  • The Company will continue to trade on the NYSE until the close of trading on June 20, 2023, and will be delisted from the NYSE in connection with the listing on NYSE American.

VinFast To Publicly List Through Business Combination With Black Spade Acquisition Co

Retrieved on: 
星期五, 五月 12, 2023
Partnership, EV, VinFast VF e34, Movement, EVS, Sumathi Best Television Current Reporting Award, Trust, Growth, Security (finance), NYSE, Automation, Airline, Fireworks, Black Spades, Vingroup, VinFast

Ltd. ("VinFast" or "the Company"), and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") announced today that they have entered into a business combination agreement.

Key Points: 
  • Ltd. ("VinFast" or "the Company"), and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") announced today that they have entered into a business combination agreement.
  • After the transaction, VinFast will have an equity value of over US$23 billion and be listed in the U.S.
  • The business combination values VinFast at an enterprise value of approximately US$27 billion and an equity value of US$23 billion, not including cash from BSAQ's approximately US$169 million of cash in trust (assuming no Black Spade shareholders elect to have their Black Spade shares redeemed for cash as permitted).
  • The partnership with Black Spade and listing of VinFast in the U.S. represents the perfect capital raising avenue for our future global ambitions and is also an important accomplishment for Vingroup."

Black Spade Capital Fully Supports the Development of Family Office Businesses in Hong Kong

Retrieved on: 
星期一, 四月 3, 2023
UBS, Growth, Investment, Citigroup, Management, Film industry

Ms. Jane Fraser, CEO Citigroup (left) and Mr. Dennis Tam, President and CEO Black Spade Capital (right)

Key Points: 
  • Ms. Jane Fraser, CEO Citigroup (left) and Mr. Dennis Tam, President and CEO Black Spade Capital (right)
    Mr. Dennis Tam, President and CEO Black Spade Capital (left) and Mr. Iqbal Khan, President Global Wealth Management & Member of the Group Executive Board UBS (right)
    Mr. Dennis Tam, President and CEO of Black Spade Capital, said: "As a family office headquartered in Hong Kong, Black Spade Capital believes that Hong Kong is an ideal destination for establishing family offices.
  • We welcome the series of initiatives and policies introduced by the Hong Kong SAR Government to cement Hong Kong's position as a world-leading family office hub.
  • Black Spade Capital will continue to support the development of family office businesses and will participate in ventures and investments that provide enhanced services and support for family office businesses."
  • Black Spade Capital will maintain close collaborations with other family offices and related institutions to promote the development of family office businesses in Hong Kong."