TechStar Acquisition Corporation (07855) Releases Monthly Return for November 2025

Bulletin Express
2025/12/01

TechStar Acquisition Corporation (07855) submitted a monthly return for November 2025, indicating that the total authorised share capital remained at HKD 110,000. Class A ordinary shares stood at 1,000,000,000 authorised shares with a par value of HKD 0.0001 (amounting to HKD 100,000), while Class B ordinary shares stood at 100,000,000 authorised shares with a par value of HKD 0.0001 (amounting to HKD 10,000). No changes were recorded in authorised capital during the month.

At the close of November 2025, the total number of issued Class A ordinary shares remained at 100,100,000 and Class B ordinary shares at 25,000,000, showing no changes from the preceding month. No additions or reductions of treasury shares were reported.

Regarding warrants, 21,271,250 listed warrants and 17,000,000 promoter warrants remained outstanding, both with a subscription price of HKD 11.5. According to the announcement, these warrants will expire five years after the completion of the De-SPAC transaction or earlier upon redemption or liquidation. The De-SPAC transaction was announced on 20 December 2024, and in the event of non-completion within the specified timeframe, the warrants will expire worthless.

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