Ordinary Shares of TOYO Co., Ltd to Trade on Nasdaq under the Ticker Symbol "TOYO" NEW YORK, July 2, 2024 /PRNewswire/ -- TOYO Co., Ltd ("TOYO" or the "Company"), a solar solution company, and Blue World Acquisition Corporation ("Blue World") (NASDAQ:BWAQ) today announced the completion of the previously announced business combination (the "Business Combination") between Vietnam Sunergy Cell Company Limited, a wholly-owned subsidiary of TOYO, and Blue World. The listed company following the Business Combination is TOYO Co., Ltd. The ordinary shares of TOYO are expected to commence trading on the Nasdaq on July 2, 2024, under the ticker symbol "TOYO." The warrants of TOYO are expected to comm

Ordinary Shares of TOYO Co., Ltd to Trade on Nasdaq under the Ticker Symbol "TOYO" NEW YORK, NY, July 01, 2024 (GLOBE NEWSWIRE) -- TOYO Co., Ltd ("TOYO" or the "Company"), a solar solution company, and Blue World Acquisition Corporation ("Blue World") (NASDAQ:BWAQ) today announced the completion of the previously announced business combination (the "Business Combination") between Vietnam Sunergy Cell Company Limited, a wholly-owned subsidiary of TOYO, and Blue World. The listed company following the Business Combination is TOYO Co., Ltd. The ordinary shares of TOYO are expected to commence trading on the Nasdaq on July 2, 2024, under the ticker symbol "TOYO." The warrants of TOYO are e

New York, May 16, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation ("Blue World") (NASDAQ:BWAQ) today announced that May 23, 2024 is the deadline for delivery of redemption requests from the Company's shareholders for the extraordinary general meeting (the "Extraordinary General Meeting") in connection with the proposed business combination (the "Business Combination") between Blue World and Vietnam Sunergy Cell Company Limited, a Vietnamese company ("TOYO Solar"). The Extraordinary General Meeting is scheduled to be held on May 28, 2024. Since May 27, 2024 is a federal holiday, May 23, 2024, two business days before the date of the Extraordinary General Meeting, is the deadlin

New York, May 03, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation (the "Company" or "Blue World") (NASDAQ:BWAQ) today announced that, in order to extend the date by which the Company mush complete its initial business combination from May 2, 2024 to June 2, 2024, an aggregate of $60,000 (the "Extension Fee") has been deposited into the Company's trust account (the "Trust Account"). The payment for the Extension Fee was made by ZENIN INVESTMENTS LIMITED ("ZENIN"), one of the shareholders of Blue World Holdings Limited, the sponsor of the Company. The Company issued an unsecured promissory note to ZENIN for the deposit of the Extension Fee. About Blue World Acquisition Corporati

New York, April 15, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation ("Blue World") (NASDAQ:BWAQ) today announced that it postponed the extraordinary general meeting (the "Extraordinary General Meeting") pending the Post-Effective Amendment (as defined below) in connection with the proposed business combination (the "Business Combination") between Blue World and Vietnam Sunergy Cell Company Limited, a Vietnamese company ("TOYO Solar"). Prior to the Extraordinary General Meeting, TOYO Co., Ltd, a Cayman Islands exempted company and the parent of TOYO Solar ("PubCo") intends to file with the U.S. Securities and Exchange Commission (the "SEC") and make available to Blue World's

New York, April 03, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation (the "Company" or "Blue World") (NASDAQ:BWAQ) today announced that, in order to extend the date by which the Company mush complete its initial business combination from April 2, 2024 to May 2, 2024, an aggregate of $60,000 (the "Extension Fee") has been deposited into the Company's trust account (the "Trust Account"). The payment for the Extension Fee was made by Fuji Solar Co., Ltd ("Fuji Solar"), an indirect major shareholder of Vietnam Sunergy Cell Company Limited ("TOYO Solar"), with which the Company is preparing its business combination. The Company issued an unsecured promissory note to Fuji Solar for th

New York, March 01, 2024 (GLOBE NEWSWIRE) --  Blue World Acquisition Corporation (the "Company") (NASDAQ:BWAQ) today announced that, in order to extend the date by which the Company mush complete its initial business combination from March 2, 2024 to April 2, 2024, an aggregate of $60,000 (the "Extension Fee") has been deposited into the Company's trust account (the "Trust Account"). The Company issued an unsecured promissory note to Blue World Holdings Limited, the sponsor of the Company, for the deposit of the Extension Fee. About Blue World Acquisition Corporation Blue World Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition co

New York, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation (the "Blue World") (NASDAQ:BWAQ) today announced that, in order to extend the date by which Blue World must complete its initial business combination from February 2, 2024 to March 2, 2024, an aggregate of $60,000 (the "Extension Fee") has been deposited into Blue World's trust account (the "Trust Account"). The payment for the Extension Fee was made by Fuji Solar Co., Ltd ("Fuji Solar"), an indirect major shareholder of Vietnam Sunergy Cell Company Limited ("TOYO Solar"). On February 6, 2024, Blue World, TOYO Solar, Fuji Solar and other parties entered into Amendment No. 2 to Agreement and Plan of Merger in co

New York, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation (the "Company") (NASDAQ:BWAQ) today announced that it has instructed Continental Stock Transfer & Trust Company (the "Trustee") to liquidate the U.S. government treasury obligations and money market funds held in its trust account (the "Trust Account") by January 31, 2024 and will hold all the funds from the Trust Account in cash at an interest bearing bank demand deposit account. The determination was made by the Company to mitigate the potential risks of being deemed to have been operating as an unregistered investment company for purposes of the Investment Company Act of 1940, as amended (the "Investment Co

New York, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Blue World Acquisition Corporation (the "Blue World") (NASDAQ:BWAQ) today announced that, in order to extend the date by which Blue World must complete its initial business combination from January 2, 2024 to February 2, 2024, an aggregate of $60,000 (the "Extension Fee") has been deposited into Blue World's trust account (the "Trust Account"). The payment for the Extension Fee was made by Blue World Holdings Limited, the sponsor of the Company (the "Sponsor") and Fuji Solar Co., Ltd ("Fuji Solar"), an indirect major shareholder of Vietnam Sunergy Cell Company Limited ("TOYO Solar"), each of whom deposited one-half (1/2) of the Extension Fee,