The Merger Agreement was dated as of September 26, 2022. The parties have signed an agreement terminating the Merger Agreement on mutually acceptable terms, which also makes void the ancillary documents.
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The Merger Agreement was dated as of September 26, 2022. The parties have signed an agreement terminating the Merger Agreement on mutually acceptable terms, which also makes void the ancillary documents.
Digital World Acquisition Corp (NASDAQ:DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly in Tuesday's midterm elections. Digital World shares are now down 56.8% overall year-to-date, and short sellers are betting aggressively on more downside ahead. The Numbers: As a whole, SPACs currently have $506 million in total short interest. S3 Partners analyst Ihor Dusaniwsky said Tuesday that SPAC short interest has increased by $10 million in the past 30 days, led by a surge in short interest for Freedom Acquisition I Corp (NYSE:FACT). Related Link: Occidental Petroleum Is The Most Shorted Stock In The Energy Sector: H
3 - Malacca Straits Acquisition Co Ltd (0001807594) (Issuer)
3 - Malacca Straits Acquisition Co Ltd (0001807594) (Issuer)
3 - Malacca Straits Acquisition Co Ltd (0001807594) (Issuer)
SC 13G/A - Malacca Straits Acquisition Co Ltd (0001807594) (Subject)
SC 13G - Malacca Straits Acquisition Co Ltd (0001807594) (Subject)
SC 13G - Malacca Straits Acquisition Co Ltd (0001807594) (Subject)
S-1/A - Mountain Lake Acquisition Corp. (0002029492) (Filer)
15-12G - Malacca Straits Acquisition Co Ltd (0001807594) (Filer)
25-NSE - Malacca Straits Acquisition Co Ltd (0001807594) (Subject)
New York, NY, June 13, 2023 (GLOBE NEWSWIRE) -- Malacca Straits Acquisition Company Limited ("Malacca") (NASDAQ:MLAC) announced, announced today that (i) Malacca, Indiev, Inc and certain other parties have mutually agreed to terminate their previously announced Agreement and Plan of Merger (the "Merger Agreement"), effective as of June 8, 2023 and (ii) it intends to liquidate as soon as practicable on June 16, 2023 and to return funds to holders of its Class A ordinary shares. The Merger Agreement was dated as of September 26, 2022. The parties have signed an agreement terminating the Merger Agreement on mutually acceptable terms, which also makes void the ancillary documents. In vie
New York, NY, April 26, 2023 (GLOBE NEWSWIRE) -- Malacca Straits Acquisition Company Limited (the "Company") (NASDAQ:MLAC) announced that on April 21, 2023, it received a letter (the "Public Float Notice") from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it no longer meets the minimum 500,000 publicly held shares required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4) (the "Public Float Standard"). The Public Float Notice states that the Company has until June 5, 2023 to provide Nasdaq with a specific plan to achieve and sustain compliance with all Nasdaq Capital Market listing requirements, including the time frame for comp
DEVELOPER OF INDI ONE ELECTRIC VEHICLE PLANS TO GO PUBLIC ON NASDAQ CAPITAL MARKET Los Angeles CA, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Indiev, Inc. ("INDIEV"), an electronic vehicle company specializing in the design of next generation electric vehicles, and Malacca Straits Acquisition Company Limited (NASDAQ:MLAC) ("Malacca"), a special purpose acquisition company (SPAC), today announced they have entered into a definitive merger agreement for a business combination that will result in INDIEV becoming a wholly-owned subsidiary of Malacca. INDIEV was founded in 2017 on the idea that the future of personal mobility will no longer be defined solely by horsepower or top speed, but rather fro