Okada Manila Parents Seek to Terminate Merger Agreement, Accuse SPAC Partner of Fraud

Okada Manila's parents are looking to terminate their merger agreement with a SPAC partner for a US listing, accusing them of fraud and breaching US securities laws. The move includes allegations against Toji Takeuchi and raises questions about the future of the merger and the company's public listing efforts.

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Okada Manila parents looking to terminate merger agreement for US listing, accuse SPAC partner of fraud and breaching US securities laws – IAG
asgam.com

Okada Manila parents looking to terminate merger agreement for US listing, accuse SPAC partner of fraud and breaching US securities laws – IAG

The operating entities of Philippines integrated resort Okada Manila have filed a series of counterclaims against US-based SPAC firm 26

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