TechStar Acquisition Corporation Class A (HK:7855) has released an update.
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TechStar Acquisition Corporation has announced a significant De-SPAC transaction involving a business combination with Seyond Holdings Ltd., a leader in automotive-grade LiDAR solutions. This merger will result in Seyond Holdings being listed as the Successor Company on the Stock Exchange, marking a strategic move in the booming autonomous driving industry. TechStar aims to leverage this partnership to align with national economic trends and capture the growth potential in innovative technology sectors.
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