Welcome to our dedicated page for Hhg Capital news (Ticker: HHGCU), a resource for investors and traders seeking the latest updates and insights on Hhg Capital stock.
HHG Capital Corp is a blank check company that has entered into a definitive merger agreement with Perfect Hexagon Group Limited, a company engaged in commodity trading, specifically in precious metals. PH is a leading physical commodity trading house focusing on precious metal and base metals, with strong partnerships and capital base. PH also engages in market making and trading of various physical commodities, including precious metals, palm oil, and carbon credits. The proposed merger will result in the combined company, Perfect Hexagon Holdings Limited, being listed on NASDAQ under the symbol 'PHGL'.
HHG Capital has announced an extension to its deadline for completing a business combination. The company deposited $0.0333 per outstanding ordinary share into its trust account on August 23, 2024, extending the completion period by one month to September 23, 2024.
This extension applies to shares issued in the company's initial public offering that have not been redeemed and are held by shareholders who haven't waived their rights to receive extension payments. The extension payments have been ongoing since September 23, 2022.
The primary purpose of this extension is to provide HHG Capital with additional time to finalize a business combination, demonstrating the company's commitment to finding a suitable merger or acquisition target.
HHG Capital (NASDAQ: HHGCU) has announced an extension of its deadline to complete a business combination. The company deposited funds into its trust account on July 22, 2024, extending the available time from July 23, 2024, to August 23, 2024.
The deposit amounts to $0.0333 per outstanding ordinary share issued in the company's initial public offering, excluding redeemed shares and those held by shareholders who waived their rights to extension payments. This extension applies to payments starting from September 23, 2022.
The primary purpose of this extension is to provide HHG Capital with additional time to finalize a business combination. This move demonstrates the company's commitment to completing a merger or acquisition within the extended timeframe.
HHG Capital (NASDAQ: HHGCU) announced it has made a deposit to its trust account on June 21, 2024. This action extends the deadline to complete a business combination from June 23, 2024, to July 23, 2024. The extension is facilitated by depositing $0.0333 for each outstanding ordinary share issued in the company's initial public offering. This applies to shares held by shareholders who have not waived their rights to receive any portion of the extension payment, initially started on September 23, 2022. The purpose of this extension is to provide additional time for the company to finalize a business combination.
HHG Capital announced an additional contribution to its trust account on May 22, 2024, allowing more time to finalize a business combination. An extension from May 23, 2024, to June 23, 2024, was secured by depositing $0.0333 per outstanding ordinary share issued in the initial public offering. This move aims to provide the necessary time to complete a business combination for the company.
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