附錄99.1
旗舰船舶收购公司宣布
與華富科技達成併購協議
有限公司和GRt科創板有限公司併購
2024年10月22日，紐約（PR NEWSWIRE）- 旗艦收購公司（納斯達克：FSHP）（「公司」或「Flag Ship」），一家上市的特殊目的收購公司（SPAC），宣布與大豐科技有限公司（KOSDAQ：900290）（「GRT」）和GRt Merger Star Limited（「Merger Sub」）簽署了一份明確的合併協議。合併完成後，Flag Ship的股東將收到大豐的美國存託股（「ADSs」），而Flag Ship將併入Merger Sub，這是大豐的全資子公司。合併的完成將受到慣例的終結條件制約，包括大豐ADSs將被批准在納斯達克上市並可交易。 FSHP公司
GRt，一家香港實體，從事開發和大量生產各種光電產品已超過十年。該公司在韓國上市，近年來一直在中國推進多個新工廠和生產線項目的擴張。
MR.馬修·陳，旗舰船舶首席执行官發表評論說：“我們對與GRt公司的合併感到非常興奮。我們的團隊探索了廣泛的行業板塊，並確定與GRt公司的交易將為我們的股東提供最大的價值。GRt在中國和全球光電子產品領域是一個強勁的參與者。我們對GRt管理團隊在光電行業中的歷史記錄印象深刻。我們對合併公司未來的前景感到非常興奮。”
GRt主席周永南先生表示：“與旗艦船舶的合併是GRt在成長歷程中迈出的另一重要步伐。GRt的目標是成為全球光電領域的領先公司，實現這一里程碑將使GRt有能力繼續努力實現我們的目標。”
交易細節
在交易所結束時，旗艦船舶將與Merger子公司合併並併入，成為生存公司。 通過合併的過程中，無需旗艦船舶，Merger子公司或任何其他人採取任何行動，合併生效時間（“生效時間”）之前即已發行並持有的每個旗艦船舶普通股（每個“旗艦船舶股份”），不包括由GRt持有的旗艦船舶股份和任何存在的反對旗艦船舶股份，將自動取消、熄滅並換取成為立即在合併生效時間（“生效時間”）之前發行並持有的一（1）股GRt普通股（該等GRt股份，統稱為“GRt普通股”），支付方式為GRt的美國存託股份（“GRt ADSs”）每個此類旗艦船舶股份（“每股合併對價”）； 而在旗艦船舶的業務合併成就時即將取消的每個在生效時間之前仍未解除的Flag Ship股份的十分之一（1/10）（一個“旗艦船舶權利”），將被取消、熄滅並換取成為立即在合併成就時收到的GRt普通股，支付方式為GRt的GRt ADSs，金額等於（在每種情況下均向下取整數至最近的整數）乘以（a）每股合併對價，乘以（b）持有者被取消Flag Ship權利（“Flag Ship權利持有人”）可能從Flag Ship收到的旗艦船舶股份數量，假設滿足Flag Ship權利的條款和條件，乘以（c）一（1）GRt普通股相對於一（1）GRt ADS的ADS匯率（“ADS匯率”）（“權利合併對價”）。
根據併購協議，應支付給旗艦船舶股東的合併總代價將包括支付給GRt普通股股東的GRt股票數，該數量與( i )每股合併代價相乘，再乘以在生效時間之前立即登記在Flag Ship股東名下的Flag Ship股份的數量，再乘以ADS交易所匯率，再加上( ii )權利合併代價，如上所述。
併購的終止條件包括Flag Ship現有股東的批准、GRt股東的批准以及GRT的ADS在納斯達克交易所掛牌的批准。
從合併協議執行之日起至結束，旗船船舶應盡一切合理的努力，保持為一家上市公司，並使其證券能夠在納斯達克全球市場上進行交易。GRt應盡一切合理的努力申請在兆e納斯達克股票市場上將其廣告刊登在，並使GRt廣告刊登在該市場上進行交易。
Becker & Poliakoff P.A.和Ogier擔任Flag Ship的法律顧問。Miller Canfield Paddock和Stone P.L.C.以及Appleby則擔任GRt Companies的法律顧問。
此處所述交易之描述僅為摘要，並且必須完全參照相關交易確定性協議，副本將由Flag Ship向證券交易所作為Form 8-k目前報告的展覽提交給「證券交易委員會」（SEC）。
關於大富科技有限公司
GRt成立於2012年，是光電產品開發和大量生產的領導者。公司開發、製造和銷售用於消費電子的聚丙烯(CPP)和聚對苯二甲酸乙二醇酯(PET)薄膜。公司還生產3D和藍光阻擋膜。這家公司是韓國的一家上市公司。
有關更多資訊，請參考 https://en.tonglioptech.com/.
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關於Flag Ship Acquisition Corporation
旗船是一家空白支票公司，通常被稱為專門收購公司（SPAC），旨在進行收購、進行股份交換、股份重組和合併、購買所有或主要資產、訂立合同安排，或與一個或多個企業或實體進行任何其他類似業務組合。 Flag Ship的目標企業的努力並不限於特定行業或地理區域。 旗船由瓦爾管理公司贊助，該公司是一家設有有限責任的英屬維爾京群島商業公司。
無要約或邀請
本新聞稿是關於涉及GRt、併購子公司和旗艦船舶的拟议业务组合而发布的。本新聞稿不構成買入或誘使買入或訂購任何證券的要約，也不構成任何投票或批准的要約，亦不得在任何未依據任何該等司法管轄區的證券法的註冊或合格之前，進行銷售、發行或轉讓證券的任何行為。在未符合1933年證券法要求的招股章程的情況下，不得進行任何證券的要約。
Additional Information about the Transaction and Where to Find it
The proposed transaction will be submitted to the shareholders of GRT and Flag Ship for their consideration. GRT intends to file with the SEC a Registration Statement on Form F-4 (as may be amended from time to time, the “Registration Statement”) that will include a preliminary prospectus with respect to GRT’s ordinary shares and ADSs to be issued in the proposed transaction and a proxy statement of Flag Ship in connection with the merger. After the Registration Statement is declared effective, Flag Ship will mail a definitive proxy statement/prospectus relating to the transaction to its shareholders as of a record date to be established for voting on the proposed transaction. The information in the preliminary proxy statement/prospectus is not complete and may be changed. GRT may not sell the ordinary shares referenced in the proxy statement/prospectus until the Registration Statement on Form F-4 becomes effective. The Registration Statement, including the proxy statement/prospectus contained therein, when declared effective by the SEC, will contain important information about the transaction and the other matters to be voted upon at a meeting of Flag Ship’s shareholders to be held to approve the transaction and related matters. This communication does not contain all of the information that should be considered concerning the transaction and other matters and is not intended to provide the basis for any investment decision or any other decision in respect to such matters. GRT and Flag Ship also plan to file other documents with the SEC regarding the proposed transaction.
This press release is not a substitute for any prospectus, proxy statement or any other document that GRT or Flag Ship may file with the SEC in connection with the proposed transaction. Investors and security holders are urged to read the proxy statement/prospectus and any other relevant documents that will be filed with the SEC carefully and in their entirety when they become available because they will contain important information about the proposed transaction. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (www.sec.gov). In addition, investors and security holders will be able to obtain free copies of the proxy statement/prospectus (when they become available) and other documents filed with the SEC without charge, at the SEC’s website (www.sec.gov) or by calling 1-800-SEC-0330.
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Participants in the Solicitation
Flag Ship and its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies from Flag Ship’s shareholders with respect to the proposed transaction. Information regarding Flag Ship’s directors and executive officers is available in its final prospectus related to its initial public offering, dated June 17, 2024, and in Flag Ship’s subsequent filings with the SEC. Additional information regarding the participants in the proxy solicitation relating to the proposed transaction and a description of their direct and indirect interests will be contained in the proxy statement when it becomes available.
GRT and its directors and executive officers as well as those of Merger Sub may also be deemed to be participants in the solicitation of proxies from the shareholders of Flag Ship in connection with the proposed transaction. A list of the names of such directors and executive officers and information regarding their interests in the proposed transaction will be included in the proxy statement for the proposed transaction when available.
Forward-Looking Statements
This press release and the exhibits hereto include “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, FSHP’s expectations with respect to future performance, anticipated financial impacts of the proposed business combination, approval of the business combination transactions by security holders, the satisfaction of the closing conditions to such transactions and the timing of the completion of such transactions. Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: (a) the possibility that the business combination does not close or that the closing may be delayed because conditions to the closing may not be satisfied, including the receipt of requisite shareholder and other approvals, the performances of Flag Ship and GRT, and the ability of Flag Ship or, after the closing of the transactions, the combined company, to continue to meet the Nasdaq Stock Market’s listing standards; (b) the reaction of GRT’s licensors, collaborators, service providers or suppliers to the business combination; (c) unexpected costs, liabilities or delays in the business combination transaction; (d) the outcome of any legal proceedings related to the transaction; (e) the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination transaction agreement; (f) general economic conditions; (g) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; (h) the risk that the business combination disrupts current plans and operations of GRT as a result of the announcement and consummation of the transactions described herein; (i) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of GRT to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees;
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(j) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations) which could result in unforeseen delays in the timing of the business combination and negatively impact the attractiveness of the business combination to investors; and (k) other risks and uncertainties indicated from time to time in the final prospectus of Flag Ship relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Flag Ship. Copies are available on the SEC’s website at www.sec.gov.
The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors are contained in Flag Ship’s most recent filings with the SEC. All subsequent written and oral forward-looking statements concerning Flag Ship and GRT, the business combination transactions described herein or other matters and attributable to Flag Ship, GRT, or their respective shareholders or any person acting on behalf of any of them are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither Flag Ship, GRT, nor their respective shareholders undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Matthew
Chen
Phone: (212) 884-2667
Email: mchen@flagshipac.com
Flag Ship Acquisition Corporation
SOURCE Flag Ship Acquisition Corporation
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