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First, let's briefly introduce that SPAC is a type of shell company that goes public by merging and acquiring other target companies.
This SPAC company is under Shanghai New World, Zheng Zhigang. $Artisan Acquisition Corp. (ARTAU.US)$。
The target company for this merger is Prenetics, a Hong Kong-based genetic testing unicorn. After a successful merger, it will be listed on Nasdaq, making it the first successful case in Hong Kong. Once completed, $Artisan Acquisition Corp. (ARTAU.US)$This code will be replaced by PRE, while everything else remains the same. But please note that new shares will not be issued.
In fact, this merger has been long-awaited. Prenetics announced the merger in September 2021, and the formal merger has now reached 2022.
However, the rise and fall on the first day after a successful SPAC company merger is quite interesting. You can check tonight to see if there is any good performance~
This SPAC company is under Shanghai New World, Zheng Zhigang. $Artisan Acquisition Corp. (ARTAU.US)$。
The target company for this merger is Prenetics, a Hong Kong-based genetic testing unicorn. After a successful merger, it will be listed on Nasdaq, making it the first successful case in Hong Kong. Once completed, $Artisan Acquisition Corp. (ARTAU.US)$This code will be replaced by PRE, while everything else remains the same. But please note that new shares will not be issued.
In fact, this merger has been long-awaited. Prenetics announced the merger in September 2021, and the formal merger has now reached 2022.
However, the rise and fall on the first day after a successful SPAC company merger is quite interesting. You can check tonight to see if there is any good performance~
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