TechStar Acquisition Corporation (7855) Issues EGM Proxy for De-SPAC Transaction and Merger Plans

Bulletin Express
11/12

TechStar Acquisition Corporation (Stock Code: 7855, Warrant Code: 4855) has issued a proxy form for Class B shareholders regarding an extraordinary general meeting (EGM) scheduled at 9:00 a.m. on Monday, December 1, 2025, at Unit No. 1506B, Level 15, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong.

The EGM will vote on several resolutions. First, there will be a resolution to approve a Business Combination Agreement dated December 20, 2024, supplemented on September 25 and November 6, 2025. This includes the proposed De-SPAC transaction, a bonus share issue, and PIPE investment agreements, as well as potential Permitted Equity Financing of up to HK$1,000,000,000 for the target company. Second, there will be a resolution to authorize withdrawal of the listing of TechStar’s Class A Shares on the Main Board of the Stock Exchange, subject to the De-SPAC transaction closing.

Two special resolutions will also be put to a vote. The first concerns approving the TechStar Plan of Merger, authorization of the merger with Merger Sub, and vesting all property, rights, and liabilities in TechStar as it becomes a subsidiary of Seyond Group. The second relates to approving and adopting the TechStar Private Company Memorandum and Articles at the merger’s effective time, replacing the existing TechStar Articles.

Class B shareholders must return proxy forms to TechStar’s branch share registrar in Hong Kong no later than 9:00 a.m. on Saturday, November 29, 2025. Attendance and voting at the EGM remain open to those who submit valid proxy forms before the deadline.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10