TechStar Acquisition Corporation (TechStar) confirmed that all resolutions presented at the Extraordinary General Meeting (EGM) on December 1, 2025, were passed by poll. The approved resolutions include the Business Combination Agreement, the associated PIPE Investments, a withdrawal of listing for TechStar Class A Shares upon transaction closing, and special resolutions regarding the merger plan.

During the redemption election period, approximately 89.46% of the issued TechStar Class A Shares (89,550,000 shares) were submitted for redemption at HK$11.25 per share. This leaves 10,550,000 TechStar Class A Shares outstanding, accounting for 10.54% of the TechStar Class A Shares in issue as of the redemption date.

If all conditions are fulfilled or waived, the De-SPAC Transaction is expected to close on December 10, 2025. The withdrawal of listing of TechStar Class A Shares and TechStar Listed Warrants is scheduled immediately after the merger becomes effective at 9:00 a.m. on the same day, with December 2, 2025, being the last trading day for both securities.

Following the merger, the new entity’s shares and listed warrants are expected to commence trading on the Main Board of the Stock Exchange at 9:00 a.m. on December 10, 2025, under stock codes 2665 (Successor Company Shares) and 2673 (Successor Company Listed Warrants). Investors are advised to note the timeline as outlined in TechStar's shareholder circular dated November 12, 2025.