Okada Manila Seeks to End US Merger, Alleges SPAC Fraud
The operating entities of Philippines integrated resort Okada Manila have filed a series of counterclaims against US-based SPAC firm 26 Capital Acquisition Corp, seeking to terminate a previously planned merger agreement that would have seen the company listed on the NASDAQ.
See more:- https://toji-takeuchi.stck.me/
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Okada Manila Parents Seek to Terminate US SPAC Merger Over Fraud
Okada Manila's parent company moves to terminate its merger agreement with a SPAC for a US listing, accusing the partner of fraud and breaching US securities laws. The company claims that Toji Takeuchi, a key figure, played a significant role in these violations, jeopardizing the deal and investor trust.
See more:- https://www.asgam.com/index.ph....-us-securities-laws/
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Okada Manila Parents Seek to End Merger, Accuse SPAC Partner of Fraud
Okada Manila’s parents are seeking to terminate their merger agreement for a US listing, accusing their SPAC partner of fraud and breaching US securities laws. Toji Takeuchi, a key figure in the case, is involved as the controversy surrounding the deal intensifies. This move could have significant implications for the company’s future.
Visit here:https://alkanyx.com/profile/36....oji.takeuchi/details
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Okada Manila Parents Seek SPAC Merger Termination Over Fraud Allegations
Okada Manila's operating entities have filed counterclaims against US-based SPAC firm 26 Capital Acquisition Corp in Delaware Court of Chancery, seeking to terminate a planned merger agreement intended for a NASDAQ listing. The counterclaims allege fraud, breaches of US securities laws, and violations of the merger agreement terms by 26 Capital and its founder, Jason Ader. The dispute centers on accusations of misleading statements and unauthorized use of confidential information by Ader, complicating efforts to finalize the merger. Read more here
https://asgam.com/2023/03/19/o....-us-securities-laws/
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#spacmerger