Core Viewpoint - Starry Chain Group (00399.HK) has signed a memorandum of understanding with Newbridge Acquisition Limited to explore potential special purpose acquisition company transactions involving the group or its assets or businesses, which could provide a pathway to the U.S. capital markets [1][2] Group 1 - The memorandum outlines that both parties will make reasonable efforts to discuss the potential transaction, subject to due diligence and the outcome of final agreements [1] - The memorandum will terminate 180 days after the signing of the final agreement or on another date mutually agreed upon by the company and Newbridge [1] Group 2 - The board believes that if the potential transaction is completed, it will represent a significant strategic milestone for the group [2] - Engaging in a merger with a NASDAQ-listed company will provide the group with access to the U.S. capital markets, supporting business development and fundraising initiatives [2] - The successful completion of the potential transaction is seen as a validation of the group's business model, development strategy, and market potential, thereby unlocking the intrinsic value of the group [2]
星太链集团(00399.HK)与纳斯达克SPAC公司Newbridge探讨并购交易 拟赴美上市