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Vision Sensing Acquisition Corp. Warrants - VSACW STOCK NEWS

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Vision Sensing Acquisition Corp (symbol: VSACW) is a blank check company formed to facilitate business combinations. The company aims to merge, acquire assets, or reorganize with potential businesses. Recently, VSAC announced a merger agreement with Mediforum Co., Ltd, a biotechnology company based in Korea. If the proposed business combination is completed, Mediforum will become a publicly listed company, expected to trade on NASDAQ under a new ticker symbol. Mediforum specializes in ethical drugs, diagnostic reagents, and strategic application products.

The merger agreement with Mediforum signifies a strategic move by Vision Sensing Acquisition Corp to expand its portfolio and enter the biotechnology sector. The combined company's listing on NASDAQ will provide visibility and access to capital markets, potentially driving growth and development opportunities for both entities.

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Vision Sensing Acquisition Corp. announces plans for special meeting of stockholders and extension of deadline for business combination with Newsight Imaging Ltd.
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Vision Sensing Acquisition Corp. extends its initial business combination deadline by depositing $72,562.86 into the trust account.
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Rhea-AI Summary
Vision Sensing Acquisition Corp. intends to extend the date for its initial business combination to November 3, 2023. The sponsor will deposit $72,562.86 into the trust account by October 3, 2023. The extension allows more time for the completion of the business combination with Newsight Imaging Ltd., resulting in the combined company's common stock trading on Nasdaq under the ticker symbol 'NSIM'.
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Vision Sensing Acquisition Corp. extends the date for its initial business combination with Newsight Imaging Ltd. through October 3, 2023.
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Vision Sensing Acquisition Corp. (NASDAQ: VSACU) plans to extend its initial business combination deadline to October 3, 2023. The sponsor, Vision Sensing, LLC, will deposit $72,562.86 into the trust account by September 5, 2023. This is the fifth extension allowed under the amended certificate of incorporation. The extension allows more time for the Business Combination with Newsight Imaging Ltd. and Newsight MergerSub, Inc. The combined company's common stock is expected to trade on Nasdaq under the ticker symbol 'NSIM'.
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Rhea-AI Summary
Vision Sensing Acquisition Corp. has extended the deadline for its initial business combination with Newsight Imaging Ltd. by depositing $72,562.86 into its trust account. The extension allows the company more time to complete the merger.
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Vision Sensing Acquisition Corp. has announced an extension of the date for its initial business combination with Newsight Imaging Ltd. The Company will deposit $72,562.86 into its trust account by July 3, 2023. The extension provides additional time to complete the Business Combination.
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FAQ

What is the current stock price of Vision Sensing Acquisition Warrants (vsacw)?

The current stock price of Vision Sensing Acquisition Warrants (vsacw) is $0.019 as of September 3, 2024.

What is Vision Sensing Acquisition Corp's core business?

Vision Sensing Acquisition Corp is a blank check company formed for facilitating business combinations.

What recent announcement did VSAC make?

VSAC announced a definitive Agreement and Plan of Merger with Mediforum Co., Ltd.

Who is Mediforum Co., Ltd, and what is their specialization?

Mediforum Co., Ltd is a biotechnology company based in Korea that specializes in ethical drugs, diagnostic reagents, and strategic application products.

Where is the combined company expected to be listed post-closing of the merger?

The combined company is expected to trade on NASDAQ under a new ticker symbol.

What are the contact details for individuals at Mediforum Co., Ltd and Norwich Capital Limited?

For Mediforum: Chankyu Kim (kimchankyu@gmediforum.com) and Jae Eon Jung (jejung@gmediforum.com). For Norwich Capital Limited: Jason Wong (enquiry@norwichhk.com).

Vision Sensing Acquisition Corp. Warrants

Nasdaq:VSACW

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1.61M
Shell Companies
Blank Checks
United States of America
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