TMT Acquisition Shares Down 63% on Expected Close of ELong Power Deal

Dow Jones

2024/11/22

By Josh Beckerman

Shares of TMT Acquisition fell after a Nasdaq alert said the blank-check company's deal with battery-technology company eLong Power Holding was expected to close Thursday.

TMT Acquisition stock was recently down 63%, to $2.39, late Thursday.

The company said Oct. 29 that its merger with eLong Power was expected to close in the coming weeks.

A Nasdaq alert said the deal was expected to close Thursday, and a securities filing from eLong Power showed that Nasdaq had approved its shares for listing.

The companies announced the deal in December 2023. Like many blank-check companies, TMT extended its deadline for completing a business combination.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

November 21, 2024 15:50 ET (20:50 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

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

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2485440742"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2485440742\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2485440742?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-22 04:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485440742","market":"us","top_or_hot":-1,"title":"TMT Acquisition Shares Down 63% on Expected Close of ELong Power Deal","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of TMT Acquisition fell after a Nasdaq alert said the blank-check company's deal with battery-technology company eLong Power Holding was expected to close Thursday. \n</p>\n<p>\n  TMT Acquisition stock was recently down 63%, to $2.39, late Thursday. \n</p>\n<p>\n  The company said Oct. 29 that its merger with eLong Power was expected to close in the coming weeks. \n</p>\n<p>\n  A Nasdaq alert said the deal was expected to close Thursday, and a securities filing from eLong Power showed that Nasdaq had approved its shares for listing. \n</p>\n<p>\n  The companies announced the deal in December 2023. Like many blank-check companies, TMT extended its deadline for completing a business combination. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2024 15:50 ET (20:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TMT Acquisition Shares Down 63% on Expected Close of ELong Power Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTMT Acquisition Shares Down 63% on Expected Close of ELong Power Deal\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-11-22 04:50</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of TMT Acquisition fell after a Nasdaq alert said the blank-check company's deal with battery-technology company eLong Power Holding was expected to close Thursday. \n</p>\n<p>\n  TMT Acquisition stock was recently down 63%, to $2.39, late Thursday. \n</p>\n<p>\n  The company said Oct. 29 that its merger with eLong Power was expected to close in the coming weeks. \n</p>\n<p>\n  A Nasdaq alert said the deal was expected to close Thursday, and a securities filing from eLong Power showed that Nasdaq had approved its shares for listing. \n</p>\n<p>\n  The companies announced the deal in December 2023. Like many blank-check companies, TMT extended its deadline for completing a business combination. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2024 15:50 ET (20:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_NQ","symbol_name":"NQ100指數","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2485440742","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485440742","pubTimestamp":1732222200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of TMT Acquisition fell after a Nasdaq alert said the blank-check company's deal with battery-technology company eLong Power Holding was expected to close Thursday.TMT Acquisition stock was recently down 63%, to $2.39, late Thursday.The company said Oct. 29 that its merger with eLong Power was expected to close in the coming weeks.A Nasdaq alert said the deal was expected to close Thursday, and a securities filing from eLong Power showed that Nasdaq had approved its shares for listing.The companies announced the deal in December 2023. Like many blank-check companies, TMT extended its deadline for completing a business combination.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4084":"特种房地产投资信托","PW":"Power REIT","BK4234":"特殊用途房地产信托"},"translate_title":"艺龙电力交易预计完成，TMT Acquisition股价下跌63%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"TMTCU":1,"NQmain":0.9,"TMTC":1},"content_text":"By Josh Beckerman \n\n\n \n\n\n  Shares of TMT Acquisition fell after a Nasdaq alert said the blank-check company's deal with battery-technology company eLong Power Holding was expected to close Thursday. \n\n\n  TMT Acquisition stock was recently down 63%, to $2.39, late Thursday. \n\n\n  The company said Oct. 29 that its merger with eLong Power was expected to close in the coming weeks. \n\n\n  A Nasdaq alert said the deal was expected to close Thursday, and a securities filing from eLong Power showed that Nasdaq had approved its shares for listing. \n\n\n  The companies announced the deal in December 2023. Like many blank-check companies, TMT extended its deadline for completing a business combination. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 21, 2024 15:50 ET (20:50 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}