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Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

$ACBA
Catalog/Specialty Distribution
Consumer Discretionary
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$ACBA

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  • Ace Global Business Acquisition Limited Announces Mutual Termination of Merger Agreement and Redemption of Ordinary Shares

    NEW YORK, May 24, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ:ACBA) (the "Company"), a special purpose acquisition company, announced today that the Business Combination Agreement dated December 23, 2022 between the Company and LE Worldwide Limited, a British Virgin Islands business company ("LE Worldwide") (as supplemented by a Joinder Agreement dated March 2, 2023 between the Company, LE Worldwide, ACBA Merger Sub I Limited, a British Virgin Islands business company and wholly owned subsidiary of the Company ("Purchaser") and ACBA Merger Sub II Limited, a British Virgin Islands business company and wholly owned subsidiary of Purchaser ("Merger Sub") and as amended

    $ACBA
    Catalog/Specialty Distribution
    Consumer Discretionary

  • Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

    NEW YORK, April 17, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ:ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $30,000 (representing the lesser of (i) $30,000 and (ii) an aggregate amount equal to $0.033 multiplied by the number of issued and outstanding Company ordinary shares issued in the Company's initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an addition

    $ACBA
    Catalog/Specialty Distribution
    Consumer Discretionary

  • Ace Global Business Acquisition Limited Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period

    NEW YORK, April 8, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ:ACBA) (the "Company"), a special purpose acquisition company, announced today that at its annual general meeting of shareholders on April 2, 2024, the Company's shareholders voted in favor of the proposal to amend and restate its amended and restated memorandum and articles of association, giving the Company the right to extend the date by which the Company has to complete a business combination a total of six (6) times for an additional one (1) month each time from April 8, 2024 to October 8, 2024. On April 5, 2024, Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponso

    $ACBA
    Catalog/Specialty Distribution
    Consumer Discretionary

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