Streetbeat News

ACBA

Ace Global Business Acquisition Ltd

Open

12.09

Mkt cap

41M

Volume

78K

High

12.22

P/E Ratio

-200.50

52-wk high

12.23

Low

12.03

Div yield

N/A

52-wk low

11.15

Ace Global Business Acquisition Limited (ACBA) announced an extension for completing a business combination until April 8, 2024, thanks to a $98,858.95 contribution to its Trust Account by its sponsor, Ace Global Investment Limited. This extension, funded at approximately $0.05 per share, allows ACBA more time to finalize a business combination. A promissory note was issued to the sponsor, convertible into company units at $10.00 per unit upon a successful business combination.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:03 pm

Ace Global Business Acquisition Limited (ACBA), a SPAC, announced that its Sponsor has deposited $98,858.95 into the Trust Account to extend the deadline for a business combination by one month, from February 9, 2024, to March 8, 2024. This deposit, representing about $0.05 per share, allows more time to complete a business combination. In return, the Company issued a promissory note to the Sponsor, convertible into units at $10.00 per unit upon a business combination.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:09 pm

Ace Global Business Acquisition (ACBA) has announced an additional contribution of $116,777.35, representing approximately $0.05 per share, to its trust account. This is to extend the period to consummate a business combination.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 1:03 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.