HONG KONG, Aug. 25, 2023 /PRNewswire/ -- Magnum Opus Acquisition Limited (NYSE:OPA) ("Magnum Opus" or the "Company") announces that on August 22, 2023, as a result of the Company's failure to timely file with the Securities and Exchange Commission ("SEC") its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the "June 2023 Form 10-Q"), it received a notice from the New York Stock Exchange (the "NYSE") stating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual (the "NYSE Rules"). Under the NYSE Rules, the Company has six months from the due date of the June 2023 Form 10-Q, or until February 21, 2024 (the "Deadline"), to file the June

Largest Consumer Internet SPAC Merger announced YTD in 2022 SINGAPORE and NEW YORK, Sept. 30, 2022 /PRNewswire/ -- Asia Innovations Group Limited ("ASIG" or the "Company") today announced that it has entered into a definitive merger agreement (the "Merger Agreement") with Magnum Opus Acquisition Limited (NYSE:OPA) ("OPA"), a special purpose acquisition company. The proposed business combination transaction (the "Business Combination") provides for an equity valuation of $2.5 billion for the combined company. The proposed transaction represents the largest consumer Internet SPAC merger announced year to date in 2022.  Transaction Highlights ASIG operates an integrated platform of products de

HONG KONG, Aug. 30, 2022 /PRNewswire/ -- Magnum Opus Acquisition Limited (NYSE:OPA) ("Magnum Opus" or the "Company") announces that on August 23, 2022, as a result of the Company's inability to timely file with the Securities and Exchange Commission ("SEC") its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 (the "Form 10-Q"), it received a notice from the New York Stock Exchange (the "NYSE") stating that the Company is not in compliance with the NYSE American's continued listing requirements under the timely filing criteria established in the NYSE American Company Guide. Under the Section 1007 of the NYSE American Company Guide, the Company could be granted up to 12 months

Forbes Global Media Holdings Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, announced today that its shareholders have terminated the Business Combination Agreement with Magnum Opus Acquisition Limited (NYSE:OPA), a special purpose acquisition company. Forbes announced record revenue and earnings last year, and has already exceeded the business forecast for 2022 it outlined in its initial investor deck. "The Forbes brand is a sought-after and trusted brand with more than 100 years of equity that is synonymous with success and validation," said Mike Federle, CEO, Forbes. "Our digital transformation has delivered double-dig

Forbes Global Media Holdings, Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with Magnum Opus Acquisition Limited (NYSE:OPA), a publicly traded special purpose acquisition company focusing on the global consumer, technology and media sectors, today announced that Mike Federle, Chief Executive Officer of Forbes and Mike York, Chief Financial Officer of Forbes will present at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino in Hollywood, Florida on Wednesday, April 20 at 11:00 a.m. ET. There is also the opportunity to meet the ma

Forbes today unveiled a preview of its virtual Billionaires NFT collection, a first of its kind NFT project for the media industry. The collection includes a set of fictional investors with an enormous theoretical portfolio and virtual net worth based on live New York Stock Exchange pricing. Each NFT Billionaire will have compelling hobbies and an eccentric Forbes accessory that will be ranked daily on the forthcoming Forbes Virtual NFT Billionaires List. Forbes has partnered with FTX, a leading global cryptocurrency exchange, to launch an ERC-721 token on April 13. Early access to the collection is available to Forbes subscribers on April 11. The sale includes an initial drop of 100 Virtu

Forbes Global Media Holdings, Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with Magnum Opus Acquisition Limited (NYSE:OPA), a publicly traded special purpose acquisition company focusing on the global consumer, technology and media sectors, is pleased to announce that Noble Capital Markets has released a SPACtrac Report on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Forbes is available on Channelchek. Additionally, Forbes participated in Noble Capital Markets' C-Suite Interview Series,

Management Hosted an Analyst Day on Friday, February 25, 2022 Forbes, the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with Magnum Opus Acquisition Limited (NYSE:OPA) ("Magnum Opus"), a publicly traded special purpose acquisition company, today announced that a replay of the Forbes Analyst Day presentation, which took place on February 25, 2022 at 1:00 PM ET, is now available on Forbes' Investor Relations website. This presentation took place from the Forbes on Fifth entertainment space in New York City. The recording of the presentation can be viewed by visiting Forbes' Investor Relations

Summit Will Take Place on March 16 Featuring Web3 Leaders Breaking New Ground in Institutional Bitcoin, Crypto Capital Markets, NFTs, and the Metaverse Forbes today announced its first-ever Digital Assets and Web3 Summit, taking place virtually on March 16, 2022 from 2-4 p.m. ET, and will gather key industry leaders to discuss the future of digital assets and Web3. Digital assets and Web3 projects are radically changing how we invest, employ business models, and deploy products and services. These projects have not only disrupted the thinking of institutional and professional investors, but have inspired global brands and entrepreneurs to develop new products and services for both the phy

Full-Year 2021 Revenue Up 40 Percent Year-Over-Year to $259 Million, with Fourth Quarter 2021 Revenue Up 51 Percent Forbes Global Media Holdings, Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with Magnum Opus Acquisition Limited (NYSE:OPA), a publicly traded special purpose acquisition company focusing on the global consumer, technology and media sectors, today announced its financial results for the fourth quarter and full-year 2021. Forbes' financial results, discussed below, may be found in the Preliminary Proxy Statement filed with the U.S. Securities and Exchange Commission o

At the beginning of 2022, Forbes looked like it would be part of the SPAC wave, planning to go public via a merger with Magnum Opus Acquisition Ltd. (NASDAQ:OPA). Even Binance, which has been particularly busy the past few days with FTX, was on board then with a $200-million strategic investment before the deal's public debut, which would have made Binance one of the top two biggest owners of Forbes. In May, those SPAC dreams were dashed. But now, a buyer has come a calling. In a company-wide email sent Wednesday by Forbes CEO Mike Federle, according to a Daily Beast report, stated the company entered into exclusive negotiations with a buyer, who remained publicly unnamed as of now, thou

Key Takeaways: Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds Company could represent a new generation of founding teams with Chinese roots setting up internet companies in Singapore to avoid stricter Chinese regulations By Doug Young Today we detour from our usual China fare to examine a trend that could quickly gain traction due to an increasingly difficult business climate for internet companies in China. That trend has seen a growing number of Chinese entrepreneurs pack their bags for Singapore, which is nearby geographically and has many cultural ties to China due to its large eth

Asia Innovations Group Limited (ASIG) agreed to go public via a special purpose acquisition company (SPAC) merger with Magnum Opus Acquisition Ltd (NYSE:OPA).  The proposed business combination transaction provides the combined company's equity valuation of $2.5 billion.  ASIG operates an integrated platform of products for mobile devices across social, mobile gaming, e-commerce, and payments.  As of December 31, 2021, ASIG had over 400 million registered users in 150 countries.  ASIG's products include Uplive, one of the largest global live video platforms, leading live social dating apps Lamour and CuteU, and fast-growing e-commerce platform, Hekka. Estimated gross transaction proce

As previously reported, on March 28, 2022, Magnum Opus Acquisition Limited, a Cayman Islands exempted company (the “Company”), and Integrated Whale Media Investment Inc., a BVI business company incorporated in the British Virgin Islands (“IWM”), in its capacity as the shareholders’ representative, by mutual consent agreed to extend the termination date under that certain business combination agreement dated as of August 26, 2021 by and among the Company, IWM, Highlander Management LLC, a limited liability company incorporated in the State of Delaware, Forbes Global Holdings Inc., a wholly-owned subsidiary of IWM that is incorporated in the British Virgin Islands, and Forbes Global Media Hold

-New York Times

https://www.forbes.com/sites/forbespr/2022/04/11/forbes-expands-into-metaverse-with-launch-of-virtual-billionaires-nft-collection-on-ftx/?sh=5f9f59d36156

  Upgrades Barclays upgraded the previous rating for Equitrans Midstream Corp (NYSE:ETRN) from Underweight to Equal-Weight. Equitrans Midstream earned $0.07 in the fourth quarter, compared to $0.31 in the year-ago quarter. At the moment, the stock has a 52-week-high of $11.52 and a 52-week-low of $5.87. Equitrans Midstream closed at $6.45 at the end of the last trading period. Barclays upgraded the previous rating for WillScot Mobile Mini Holdings Corp (NASDAQ:WSC) from Equal-Weight to Overweight. In the fourth quarter, WillScot Mobile Mini showed an EPS of $0.32, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $42.00 and a 52-week-low of $24.

Benchmark analyst Daniel Kurnos initiates coverage on Magnum Opus Acquisition (NYSE:OPA) with a Buy rating and announces Price Target of $15.

3 - Magnum Opus Acquisition Ltd (0001843121) (Issuer)

The Benchmark Company initiated coverage of Magnum Opus Acquisition with a rating of Buy and set a new price target of $15.00

Benchmark initiated coverage of Magnum Opus Acquisition with a rating of Buy and set a new price target of $15.00

Cantor Fitzgerald initiated coverage of Magnum Opus Acquisition with a rating of Overweight and set a new price target of $10.00

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