TMT Acquisition Corp Shareholders Approve Business Combination With ELong Power Holding Limited, Expected To Trade On The Nasdaq Stock Market Under The Symbol "ELPW"

Benzinga · Oct 30 05:03

TMT Acquisition Corp (NASDAQ:TMTCU, TMTC, and TMTCR))) ("TMTC"), a publicly traded special purpose acquisition company, announced at its extraordinary general meeting earlier today, October 29, 2024, that its shareholders voted to approve the previously announced business combination with eLong Power Holding Limited ("eLong Power"), a provider of high power battery technologies for commercial and specialty vehicles and energy storage systems.

The transaction has been unanimously approved by the Board of Directors of TMT and eLong Power. Subject to certain contractual as well as customary closing conditions, the business combination is expected to close in the coming weeks. As part of the consummation of the business combination, the newly combined public company is expected to trade on the Nasdaq Stock Market under the symbol "ELPW".

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

TMT Acquisition Corp Shareholders Approve Business Combination With ELong Power Holding Limited, Expected To Trade On The Nasdaq Stock Market Under The Symbol "ELPW"

Risk Disclaimer