TechStar Acquisition Amends Warrant Instrument Amid De-SPAC Plans

TechStar Acquisition Corporation Class A (HK:7855) has released an update.

TechStar Acquisition Corporation has announced an amendment to its listed warrant instrument, allowing for the exchange of TechStar Listed Warrants with equivalent warrants from a Successor Company in the event of a De-SPAC transaction. This move is designed to ensure that warrant holders’ rights remain unaffected while facilitating the company’s strategic arrangements. The amendment awaits approval from the Stock Exchange but does not require consent from warrant holders.

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