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Aimei Health Technology Co., Ltd Ordinary Share - AFJK STOCK NEWS

Welcome to our dedicated page for Aimei Health Technology Co. Ordinary Share news (Ticker: AFJK), a resource for investors and traders seeking the latest updates and insights on Aimei Health Technology Co. Ordinary Share stock.

Aimei Health Technology Co., Ltd (AFJK) is a blank check company, often referred to as a special purpose acquisition company (SPAC). Aimei Health Technology Co. focuses on merging or acquiring one or more businesses, offering investors a unique investment opportunity in a variety of industries. Presently, Aimei Health Technology Co., Ltd is headquartered at 10 East 53rd Street, Suite 3001, New York, NY 10022, with Juan Fernandez Pascual serving as the Chief Executive Officer.

Recently, the company has garnered attention due to ARC Group Limited acting as its financial advisor. It is important to note that no securities related to Aimei Health Technology Co., Ltd are offered for sale in any state or jurisdiction without proper registration or qualification under the securities laws applicable in those states or jurisdictions. As a blank check company, Aimei's primary aim is to identify and merge with a target business that has the potential for growth and value creation.

The company operates under a strategic framework to maximize value for its shareholders by exploring business combinations across various sectors. This approach not only diversifies investment risks but also captures opportunities in emerging and growing markets. While Aimei Health Technology Co., Ltd does not currently have its own products or services, its success hinges on its ability to identify and partner with profitable and innovative businesses.

With an eye on future growth, Aimei Health Technology Co., Ltd remains dedicated to providing regular updates on its progress and financial condition, ensuring transparency and keeping investors informed about key developments. Investors and stakeholders are encouraged to stay engaged with the company's news and announcements to stay abreast of the latest information.

Rhea-AI Summary

United Hydrogen Group Inc., a comprehensive hydrogen solution provider in China, announced a business combination with Aimei Health Technology Co., (“AFJK”), a Nasdaq-listed SPAC. The transaction, valuing the combined company at approximately $1.6 billion, will make United Hydrogen a publicly traded entity on Nasdaq. United Hydrogen reported a revenue of $13.1 million in 2023, a 144% increase from 2022. Upon closing in Q3 2024, United Hydrogen’s shareholders will own about 94% of the new entity. The executive team, led by founder Xia Ma, will continue to lead the combined company.

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Aimei Health Technology Co., Ltd. announced that holders of units sold in the initial public offering completed on December 6, 2023, may elect to separately trade ordinary shares and rights on The Nasdaq Global Market starting January 22, 2024. The ordinary shares and rights will trade under the symbols 'AFJK' and 'AFJKR' respectively, while units not separated will continue to trade under the symbol 'AFJKU'. The offering was made by Aimei in an underwritten offering, with Spartan Capital Securities, LLC acting as the sole book-running manager. The press release emphasizes that this is not an offer to sell or buy securities in any state or jurisdiction where it would be unlawful.
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Aimei Health Technology Co., Ltd (NASDAQ: AFJK) successfully closed its initial public offering of 6,900,000 units at $10.00 per unit, including the full exercise of the underwriters’ option to purchase up to an additional 900,000 units. The units, consisting of one ordinary share and one right, are listed on The NASDAQ Global Market under the ticker symbol 'AFJKU'. Once separate trading begins, the ordinary shares and rights are expected to be listed as 'AFJK' and 'AFJKR', respectively. Spartan Capital Securities, LLC acted as the sole book running manager in the offering, and various legal counsels and financial advisors supported the process. The registration statement for these securities was declared effective by the SEC on November 30, 2023.
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Aimei Health Technology Co., Ltd (NASDAQ: AFJKU) has priced its initial public offering of 6,000,000 units at $10.00 per unit. The units are expected to be listed on The NASDAQ Global Market and trade under the ticker symbol 'AFJKU' beginning December 4, 2023. Each unit consists of one ordinary share and one right. The underwriters have been granted a 45-day option to purchase up to an additional 900,000 units offered by the Company. The offering is expected to close on December 6, 2023, subject to customary closing conditions.
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FAQ

What is the current stock price of Aimei Health Technology Co. Ordinary Share (AFJK)?

The current stock price of Aimei Health Technology Co. Ordinary Share (AFJK) is $10.52 as of December 20, 2024.

What is the market cap of Aimei Health Technology Co. Ordinary Share (AFJK)?

The market cap of Aimei Health Technology Co. Ordinary Share (AFJK) is approximately 92.4M.

What does Aimei Health Technology Co., Ltd do?

Aimei Health Technology Co., Ltd is a blank check company that focuses on merging or acquiring businesses to create value for its investors.

Where is Aimei Health Technology Co., Ltd located?

The company is headquartered at 10 East 53rd Street, Suite 3001, New York, NY 10022.

Who is the CEO of Aimei Health Technology Co., Ltd?

Juan Fernandez Pascual is the Chief Executive Officer of Aimei Health Technology Co., Ltd.

What is a blank check company?

A blank check company, or SPAC, is a type of company that raises capital through an IPO with the purpose of acquiring or merging with an existing business.

Who acted as the financial advisor for Aimei Health Technology Co., Ltd?

ARC Group Limited acted as the financial advisor for Aimei Health Technology Co., Ltd.

What is the primary focus of Aimei Health Technology Co., Ltd?

The primary focus of Aimei Health Technology Co., Ltd is to identify and merge with businesses that have potential for growth and value creation.

Does Aimei Health Technology Co., Ltd produce any products?

No, Aimei Health Technology Co., Ltd does not currently produce any products. It focuses on business mergers and acquisitions.

How can I stay updated with the latest news from Aimei Health Technology Co., Ltd?

Investors can stay updated by following the company's news releases and announcements, which provide the latest information about their activities.

Is Aimei Health Technology Co., Ltd registered in all states?

No, securities related to Aimei Health Technology Co., Ltd are only offered in states and jurisdictions where they are properly registered or qualified under local securities laws.

What is the contact information for Aimei Health Technology Co., Ltd?

You can contact Aimei Health Technology Co., Ltd at 10 East 53rd Street, Suite 3001, New York, NY 10022, or reach the CEO Juan Fernandez Pascual at +34 678 035200 or anatraveneta@hotmail.com.

Aimei Health Technology Co., Ltd Ordinary Share

Nasdaq:AFJK

AFJK Rankings

AFJK Stock Data

92.43M
6.97M
22.79%
76.46%
0.03%
Shell Companies
Blank Checks
United States of America
NEW YORK