STOCK TITAN

Golden Star Acquisition Corporation - $GODN STOCK NEWS

Welcome to our dedicated page for Golden Star Acquisition Corporation news (Ticker: $GODN), a resource for investors and traders seeking the latest updates and insights on Golden Star Acquisition Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Golden Star Acquisition Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Golden Star Acquisition Corporation's position in the market.

Rhea-AI Summary

Golden Star Acquisition (NASDAQ: GODN) announced the cancellation of its shareholders' extraordinary general meeting (EGM) scheduled for May 30, 2024. Initially, the meeting aimed to vote on the business combination agreement with Gamehaus Inc., a mobile game publisher. The cancellation follows a notice from the China Securities Regulatory Commission (CSRC) requiring Gamehaus to complete necessary filings as per new regulatory measures. This compliance is important for closing the transaction under the business combination agreement. To allow more time for these conditions to be met, Golden Star's board of directors decided to cancel the EGM.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
none
-
Rhea-AI Summary
Golden Star Acquisition Corporation (NASDAQ: GODN) filed a supplement to the definitive proxy statement with the SEC to amend the monthly fee payable by the sponsor, extending the date for the initial business combination. The company proposed to increase the fee from $50,000 to $75,000 or $0.033 per outstanding public share. Shareholders are urged to resubmit their votes on the revised proposals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
-
Rhea-AI Summary
Golden Star Acquisition Corporation and Gamehaus Inc. have entered into a definitive Business Combination Agreement for a business combination. Gamehaus will operate through a publicly-traded holding company listed on the Nasdaq Stock Market. The transaction represents a post-combination enterprise value of $500 million for Gamehaus upon closing of the Business Combination. The transaction is expected to be consummated in the fourth quarter of 2023 or early 2024, subject to regulatory approvals and shareholder approvals. The combined company is expected to operate under the name Gamehaus and as a Nasdaq-listed public company trading under a new ticker symbol. Gamehaus' executive management team will continue to lead the combined company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
Golden Star Acquisition Corporation

Nasdaq:GODN

GODN Rankings

GODN Stock Data

79.15M
6.00M
27.7%
80.23%
0.01%
Shell Companies
Financial Services
United States of America
NEW YORK