Hudson Acquisition I Corp. and Aiways Automobile Europe GmbH Enter into Letter Agreement for Business Combination
HUDAHudson Acquisition I (HUDA) Newsfilter·2024-05-15 07:00

New York, NY, May 14, 2024 (GLOBE NEWSWIRE) -- Hudson Acquisition I Corp. (NASDAQ: "HUDA") today announced it has signed a letter agreement with Aiways Automobile Europe GmbH ("Aiways Europe") for a business combination (the "de-SPAC"). The shareholders of Aiways Europe will receive newly issued shares of HUDA common stock in an aggregate amount representing an equity valuation of approximately US$400 million. The de-SPAC is expected to close on or around December 31, 2024. At the consummation of the de-SP ...