Rising Dragon, HZJL Mutually Agree to Terminate Merger Agreement
Bitget2026/11/03 11:07- Rising Dragon Acquisition and HZJL Cayman mutually terminated their merger agreement, effective Oct. 30, 2026.
- No termination fees are payable under the cancellation of the Jan. 27, 2025, agreement.
- The parties mutually released claims related to the merger agreement, subject to certain exceptions.
- Rising Dragon will continue pursuing an initial business combination with an appropriate target within its permitted timeframe.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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