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Astrea Acquisition Corp. (NASDAQ: ASAXU), HotelPlanner, and Reservations.com have mutually agreed to terminate their previously announced business combination agreement, effective immediately. The decision was made in the belief that this outcome is the best path forward for all involved. HotelPlanner and Reservations.com are established players in travel technology and online travel services, respectively, known for their innovative platforms and customer-centric approaches.
Astrea Acquisition Corp. (NASDAQ: ASAXU) has scheduled a special stockholders' meeting for
Astrea Acquisition Corp. (NASDAQ: ASAX, ASAXU, ASAXW) has filed a preliminary proxy statement with the SEC regarding its proposed business combination with HotelPlanner and Reservations.com. The merger is aimed at creating a leading travel technology platform, expected to close in Q4 2021, pending stockholder approval and regulatory conditions. The combined entity will be named HotelPlanner Inc., trading under the new ticker symbols HOTP and HOTPW. Investors are encouraged to view the proxy materials for detailed information.
