Streetbeat News

BWAQ

Blue World Acquisition Corp

Open

8.20

Mkt cap

28M

Volume

211K

High

8.34

P/E Ratio

22.32

52-wk high

15.61

Low

4.00

Div yield

N/A

52-wk low

4.00

Blue World Acquisition Corporation (BWAQ) has extended the deadline for its initial business combination to March 2, 2024, by depositing an Extension Fee of $60,000 into its Trust Account. This fee was paid by Fuji Solar Co., Ltd, an indirect major shareholder of Vietnam Sunergy Cell Company Limited (TOYO Solar). The extension facilitates the amendment of terms for a proposed business combination, evidenced by an unsecured promissory note issued to Fuji Solar.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:01 pm

Blue World Acquisition Corporation has announced an extension of the deadline to complete an initial business combination until February 2, 2024. This extension provides the company with additional time to find a suitable merger or acquisition target.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:01 pm

Blue World Acquisition Corporation (BWAQ) has extended the deadline to complete its initial business combination from December 2, 2023, to January 2, 2024. A $60,000 Extension Fee was deposited into the Trust Account by Fuji Solar, a major shareholder of TOYO Solar, with whom Blue World has a merger agreement. The Extension Fee was evidenced by an unsecured promissory note issued to Fuji Solar.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 9:01 pm

Blue World Acquisition Corporation (BWAQ) has extended the deadline for its initial business combination from October 2, 2023 to November 2, 2023. An Extension Fee of $60,000 has been deposited into the Company's trust account. The Company issued an unsecured promissory note to Blue World Holdings Limited, the sponsor of the Company, for the deposit of the Extension Fee.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:16 pm

Blue World Acquisition Corporation (BWAQ) has extended the deadline for its initial business combination from September 2, 2023 to October 2, 2023. The company has deposited $60,000 into its trust account as an extension fee, which was paid by Blue World Holdings Limited, the sponsor of the company.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:10 pm

Blue World Acquisition Corporation (BWAQ) has announced its intention to extend the deadline for an initial business combination from September 2 to October 2.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:14 pm

Vietnam Sunergy Cell Company Limited (TOYO Solar) and Blue World Acquisition Corporation (NASDAQ:BWAQ) have announced a definitive business combination agreement. Post the transaction, Blue World will merge into a wholly owned subsidiary of TOYO Solar's parent company, TOYO Co., Ltd, which will be the holding company of the combined entity and be listed on Nasdaq. The transaction has been approved by the directors and shareholders of both companies and is expected to close in H1 2024, subject to regulatory approvals.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:35 pm

Blue World Acquisition Corporation (BWAQ) has announced an extension of the deadline for an initial business combination to August 2.

Portfolio Pulse from Bill Haddad

July 03, 2023 | 12:01 pm

Blue World Acquisition Corporation (NASDAQ:BWAQ) has extended the deadline for its initial business combination from June 2, 2023 to July 2, 2023, depositing $194,324 into its trust account. The company issued an unsecured promissory note to Blue World Holdings Limited, its sponsor, for the payment of the Extension Fee.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 8:01 pm

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