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Fat Projects Acquisition Corp - FATP STOCK NEWS

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Fat Projects Acquisition Corp (FATP) issued a correction regarding the cancellation of its publicly held Class A ordinary shares. The Nasdaq Stock Market has placed a trading halt on the Public Shares until the Company sets a redemption date.
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) has terminated its Business Combination Agreement with Avanseus Holdings Pte. Ltd. and will dissolve and liquidate. The termination was due to a material adverse effect on Avanseus' financial condition and results of operations. As a result, the Company's non-management directors and president and chief operating officer have resigned. The per-share redemption price for the Public Shares will be approximately $10.96, and there will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) Announces Extension of Business Combination Deadline to December 15, 2023
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Fat Projects Acquisition Corp announces extension of time for initial business combination with Avanseus Holdings
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) has extended the deadline for its initial business combination with Avanseus Holdings Pte. Ltd. The deadline has been extended from October 15, 2023 to November 15, 2023. This is the seventh extension that FATP has obtained. The extension provides additional time to complete the Business Combination.
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FAT Projects Acquisition Corp extends the period to consummate its initial business combination by one month. The deposit of $24,279.65 enables the extension. The extension provides additional time to complete the business combination with Avanseus Holdings. FATP will change its corporate name to Avanseus Holdings Corporation.
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) intends to extend the deadline for its initial business combination with Avanseus Holdings Pte. Ltd. from September 15, 2023, to October 15, 2023, by depositing $24,279.65 into its Trust Account by September 15, 2023. This is the sixth extension that FATP is authorized to obtain. The extension provides additional time for the completion of the Business Combination.
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) has deposited $24,279.65 into its trust account, enabling the company to extend the period for its initial business combination by one month. The extension provides additional time to complete the business combination with Avanseus Holdings. The company plans to change its name to Avanseus Holdings Corporation.
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Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) announced the deposit of $24,279.65, representing $0.05 per share for each of its 485,593 outstanding publicly held Class A ordinary shares, into the Company’s trust account. This deposit allows the Company to extend the time to consummate its initial business combination by one month, providing additional time for the completion of the Business Combination with Avanseus Holdings Pte. Ltd. The Company will change its corporate name to 'Avanseus Holdings Corporation' ('New Avanseus') in connection with the Business Combination.
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FAQ

What is the market cap of Fat Projects Acquisition (FATP)?

The market cap of Fat Projects Acquisition (FATP) is approximately 37.9M.

Fat Projects Acquisition Corp

Nasdaq:FATP

FATP Rankings

FATP Stock Data

37.94M
600.59k
1007.77%
0.12%
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