TechStar Acquisition (HKG:7855), a special purpose acquisition company, entered into an agreement with its merger target to raise the permitted equity financing under the deal, according to a Hong Kong bourse filing.
The parties agreed to raise the cap to HK$1 billion from HK$500 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.