TKB Critical Technologies 1 does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company focuses on businesses in the advanced manufacturing, artificial intelligence, automation, data security, energy storage and power management, financial technology, industrial software, Internet of Things, microelectronics, robotics, and wireless communications equipment sectors. TKB Critical Technologies 1 was incorporated in 2021 and is based in El Segundo, California.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.tkbtech.com
Roth CH Acquisition Co announced that it has notified the Nasdaq Stock Market LLC ("Nasdaq") of its decision to voluntarily delist its Class A Ordinary Shares, Units and Warrants exercisable for one Class A Ordinary Share at an exercise price of $11.50 from the Nasdaq Global Market. The Company intends to file a Form 25 with the Securities and Exchange Commission (the "SEC") to remove its Class A Ordinary Shares, Units, and Warrants from listing on the Nasdaq Global Market on or about April 25, 2024 and as a result, the delisting is expected to become effective on or about April 25, 2024. The Company will remain subject to such reporting obligations under Sections 13 and 15(d) of the Exchang
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Wejo Group Limited (NASDAQ:WEJO)("Wejo"), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced the first milestone in its proposed business combination with TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB"). TKB was able to retain approximately $53 million in its trust account following the redemption deadline for the Class A ordinary shares issued in TKB's IPO in connection with TKB's extraordinary general meeting seeking shareholder approval of an extension of the date by which TKB must consummate an initial business combination (the "Extension"). TKB shareholders may request to withdraw redemptions a
Definitive Business Combination Agreement Expected to Provide up to $100 Million in Capital to Wejo and $11.25 per Share for TKB Shareholders Company to Provide a Business Update on Tuesday, January 10, 2023 at 10:00 am EST Wejo Group Limited (NASDAQ:WEJO) ("Wejo"), a global leader in Smart Mobility for Good™ cloud and software analytics for connected, electric and autonomous mobility, today announced that it has entered into a definitive business combination agreement to combine with TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB"). The proposed business combination is subject to a number of closing conditions and the parties anticipate that the transaction will close in the second quart
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Roth CH Acquisition Co. (Nasdaq: "USCT") ("we", "us", "our", or the "Company"), today announced that it has notified the Nasdaq Stock Market LLC ("Nasdaq") of its decision to voluntarily delist its Class A Ordinary Shares, Units and Warrants exercisable for one Class A Ordinary Share at an exercise price of $11.50 from the Nasdaq Global Market. The Company intends to file a Form 25 with the Securities and Exchange Commission (the "SEC") to remove its Class A Ordinary Shares, Units, and Warrants from listing on the Nasdaq Global Market on or about April 25, 2024 and as a result, the delisting is expected to become effective on or about April 25, 2024. The Company will remain subject to such
EL SEGUNDO, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- TKB Critical Technologies 1, a Cayman Islands exempted company (the "Company") (NASDAQ:USCT), today filed a supplement (the "Proxy Supplement") to its proxy statement dated June 15, 2023 ("Proxy Statement") disclosing that it intends to open the Extraordinary General Meeting (the "Meeting") as scheduled on June 26, 2023, at 11:30 a.m. Eastern Time, and then immediately adjourn the Meeting to June 28, 2023 at 11:30 a.m. Eastern Time to allow the Company additional time to engage with shareholders. The Proxy Supplement also clarifies that record date for determining the Company's shareholders entitled to receive notice of and to vote at t
MANCHESTER, United Kingdom and EL SEGUNDO, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- Wejo Group Limited (NASDAQ:WEJO) ("Wejo"), a global leader in Smart Mobility for Good™ and cloud and software analytics for connected, electric and autonomous vehicle data, and TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB"), a special purpose acquisition company, today announced that they had filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form S-4, which contains a preliminary proxy statement/prospectus (the "S-4"), in connection with their previously announced business combination. Wejo also announced that it had filed the first amendment to its previously f
Right-sizing of cost structure to meet market conditions, and focused revenue growth to accelerate the Company's profitability. Wejo Group Limited (NASDAQ:WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, announced today the implementation of additional cost reductions to extend Wejo's capital runway and materially accelerate its anticipated Free Cash Flow* breakeven point from previous projections of mid-2024 to mid-2025. The Company is focusing its revenue growth opportunities, streamlining operations, lowering spend on marketing, reducing its office footprint and implementing strategic workforce reductio
TKB trust balance retains an additional $3.7 million after final shareholder vote on extension of time to consummate business combination Wejo Group Limited (NASDAQ:WEJO) ("Wejo"), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB") retained approximately $56.7 million in its trust account after a final shareholder vote to extend the time it has to consummate a business combination to June 29, 2023. The vote, which was approved by approximately 99% of the votes cast at the meeting, representing approximately 82% of TKB's outstanding shares, resulted in
EL SEGUNDO, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) -- TKB Critical Technologies 1 ("TKB" or the "Company")(NASDAQ:USCTU, USCT, USCTW))), announced that in its extraordinary general meeting held today, shareholders voted to approve an amendment to TKB's amended and restated memorandum and articles of association to extend the date that the Company has to consummate a business combination from January 29, 2023 to June 29, 2023 (the "Extension"). TKB's shareholders also approved a corresponding amendment to the Company's Investment Management Trust Agreement. The Extension was approved by approximately 99% of the votes cast at the meeting, representing approximately 82% of TKB's outstanding s
Approximately $53 million is retained in TKB's trust account Wejo Group Limited (NASDAQ:WEJO)("Wejo"), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced the first milestone in its proposed business combination with TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB"). TKB was able to retain approximately $53 million in its trust account following the redemption deadline for the Class A ordinary shares issued in TKB's IPO in connection with TKB's extraordinary general meeting seeking shareholder approval of an extension of the date by which TKB must consummate an initial business combination (the "Exten
- Condition to Completing Extension Has Been Met EL SEGUNDO, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- TKB Critical Technologies 1 ("TKB")(NASDAQ:USCTU, USCT, USCTW))) announced today that it has retained approximately $53 million in its trust account following the redemption deadline for the Class A ordinary shares initially issued in TKB's IPO ("Public Shares") in connection with TKB's extraordinary general meeting (the "Extension Meeting") seeking shareholder approval of an extension of the time that it has to consummate an initial business combination ("Extension"). The Extension was conditioned on TKB having at least 5.0 million Public Shares outstanding upon consummation of the Exte
EL SEGUNDO, Calif., Jan. 24, 2023 (GLOBE NEWSWIRE) -- TKB Critical Technologies 1 ("TKB")(NASDAQ:USCTU, USCT, USCTW))), announced today that it has adjourned the extraordinary general meeting (the "Extension Meeting") seeking shareholder approval of an extension of the time that it has to consummate an initial business combination ("Extension"). The Extension Meeting will reconvene at 4:00 p.m., Eastern time, on Friday, January 27, 2023. The Extension Meeting will still be held virtually via live webcast at http://www.cstproxy.com/tkbtech/2023. The physical location of the Extension Meeting will be the offices of White & Case LLP, located at 1221 Avenue of the Americas, New York, NY 10020
Definitive Business Combination Agreement Expected to Provide up to $100 Million in Capital to Wejo and $11.25 per Share for TKB Shareholders Company to Provide a Business Update on Tuesday, January 10, 2023 at 10:00 am EST Wejo Group Limited (NASDAQ:WEJO) ("Wejo"), a global leader in Smart Mobility for Good™ cloud and software analytics for connected, electric and autonomous mobility, today announced that it has entered into a definitive business combination agreement to combine with TKB Critical Technologies 1 (NASDAQ:USCT) ("TKB"). The proposed business combination is subject to a number of closing conditions and the parties anticipate that the transaction will close in the second quar