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Blue World Acquisition Corporation - BWAQ STOCK NEWS

Welcome to our dedicated page for Blue World Acquisition Corporation news (Ticker: BWAQ), a resource for investors and traders seeking the latest updates and insights on Blue World Acquisition Corporation stock.

Blue World Acquisition Corporation Class A Ordinary Shares (BWAQ) is a newly organized blank check company. The company was established with the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As a blank check company, Blue World Acquisition Corporation has not yet identified any specific business targets; rather, it is open to opportunities across various sectors and industries, providing flexibility and a broad scope for potential investments.

Recently, the company announced its intention to extend the period to consummate a business combination by one month, from September 2, 2023, to October 2, 2023. This extension underscores the company's commitment to finding the right business combination that will create value for its shareholders.

Led by Chairman and CEO, Liang (Simon) Shi, and supported by Investor Relations Associate, Jingwen Zhu, Blue World Acquisition Corporation is actively seeking opportunities that align with its strategic vision. The team brings a wealth of experience and expertise, which positions the company well to identify and secure promising business combinations.

The company is headquartered in New York and maintains open lines of communication with its investors and stakeholders. For more information or inquiries, shareholders and potential investors can contact Liang (Simon) Shi via email at liang.shi@zeninpartners.com or by phone at (646) 998-9582. For investor relations, Jingwen Zhu can be reached at jingwenzhu@zeninpartners.com or by phone at 86 13671834329.

Rhea-AI Summary
Blue World Acquisition Corporation (NASDAQ: BWAQ) extends its initial business combination completion date to January 2, 2024, with an aggregate deposit of $60,000 into the Trust Account. The Extension Fee was paid by Fuji Solar Co., Ltd, an indirect major shareholder of Vietnam Sunergy Cell Company Limited (TOYO Solar), as part of the Agreement and Plan of Merger.
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Blue World Acquisition Corporation (NASDAQ: BWAQ) has announced an extension of the deadline for its initial business combination from November 2, 2023, to December 2, 2023. To secure the extension, the company has deposited an aggregate of $60,000, known as the Extension Fee, into its Trust Account. The deposit was made through an unsecured promissory note issued to Blue World Holdings Limited, the sponsor of the company.
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Blue World Acquisition Corporation extends deadline for initial business combination to November 2, 2023 by depositing $60,000 into the Trust Account.
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Blue World Acquisition Corporation extends deadline for initial business combination by one month and pays $60,000 extension fee.
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Blue World Acquisition Corporation (NASDAQ: BWAQ) plans to extend the deadline for a business combination by one month, from September 2 to October 2, 2023. The company can deposit $60,000 into the Trust Account for each one-month extension, up to nine times until April 2, 2024.
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Blue World Acquisition Corporation (NASDAQ: BWAQ) has extended the date for completing its initial business combination from August 2, 2023 to September 2, 2023 by depositing $60,000 into its trust account as an Extension Fee. The payment was made by the Sponsor, Blue World Holdings Limited.
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Blue World Acquisition Corporation (NASDAQ: BWAQ) plans to extend the period for a business combination by one month, from August 2, 2023, to September 2, 2023. The management has the option to extend the period up to nine times until April 2, 2024, by depositing $60,000 into the Trust Account for each one-month extension.
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Blue World Acquisition Corporation (NASDAQ: BWAQ) has extended the deadline for completing its initial business combination from July 2, 2023, to August 2, 2023. To secure the extension, the company has deposited $60,000 into its Trust Account as an Extension Fee. The payment was made by the Sponsor, Blue World Holdings Limited, and was documented by an unsecured promissory note issued by the Company.
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FAQ

What is the current stock price of Blue World Acquisition Corporation (BWAQ)?

The current stock price of Blue World Acquisition Corporation (BWAQ) is $4.24 as of July 1, 2024.

What is the market cap of Blue World Acquisition Corporation (BWAQ)?

The market cap of Blue World Acquisition Corporation (BWAQ) is approximately 28.4M.

What is Blue World Acquisition Corporation?

Blue World Acquisition Corporation is a newly organized blank check company formed for the purpose of effecting a business combination.

What is the purpose of Blue World Acquisition Corporation?

The company aims to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination.

What is a blank check company?

A blank check company is a publicly traded, developmental stage company that has no specific business plan or purpose but aims to merge with or acquire another business.

Has Blue World Acquisition Corporation identified any business targets?

No, the company has not yet identified any specific business targets and is open to opportunities across various sectors.

Who leads Blue World Acquisition Corporation?

The company is led by Chairman and CEO Liang (Simon) Shi, with support from Investor Relations Associate Jingwen Zhu.

When is the new deadline for Blue World Acquisition Corporation to consummate a business combination?

The deadline has been extended to October 2, 2023.

How can investors contact Blue World Acquisition Corporation?

Investors can contact Chairman and CEO Liang (Simon) Shi via email at liang.shi@zeninpartners.com or phone at (646) 998-9582. Investor Relations Associate Jingwen Zhu can be reached at jingwenzhu@zeninpartners.com or phone at 86 13671834329.

Where is Blue World Acquisition Corporation headquartered?

The company is headquartered in New York.

What is the stock symbol for Blue World Acquisition Corporation?

The stock symbol for Blue World Acquisition Corporation is BWAQ.

What is the recent achievement of Blue World Acquisition Corporation?

The company recently extended the period to consummate a business combination from September 2, 2023, to October 2, 2023.

Blue World Acquisition Corporation

Nasdaq:BWAQ

BWAQ Rankings

BWAQ Stock Data

28.44M
3.94M
32.26%
266.96%
0.69%
Shell Companies
Blank Checks
United States of America
NEW YORK