Core Viewpoint - TechStar Acquisition Company has applied for the approval of its shares and warrants to be listed and traded on the Hong Kong Stock Exchange, with the principle approval granted on November 11, 2025 [1] Group 1: Share and Warrant Details - The last trading day for TechStar A shares and TechStar warrants is expected to be December 2, 2025, with trading commencing on December 10, 2025 [2] - The trading unit for TechStar A shares will be 500 shares, while the trading unit for the warrants will be 11,000 units [2] Group 2: Redemption Process - TechStar A shareholders will have the opportunity to redeem their shares at an estimated price of HKD 11.25 per share from November 12, 2025, to December 1, 2025 [3] - The final redemption price will be announced by TechStar, and payments will be completed by December 17, 2025, contingent upon the completion of the merger transaction [3] Group 3: Share Distribution and PIPE Agreements - Upon the effective date, TechStar A shareholders will receive 1.1 new shares of the successor company for each TechStar A share held, while holders of TechStar B shares will receive one new share [4] - TechStar and the target company have entered into PIPE investment agreements with three investors, agreeing to issue PIPE investment shares at HKD 10.00 per share [4] Group 4: Additional Financing - TechStar and the target company may enter into additional agreements with professional investors for share subscriptions at a price of HKD 10.00 per share, with a maximum subscription amount of HKD 1 billion [5]
TECHSTARACQ-Z：预计继承公司图达通12月10日在联交所主板上市