Okada Manila Parents Seek to Terminate Merger Over Fraud Allegations

Okada Manila's parents are looking to terminate their merger agreement for a U.S. listing, accusing their SPAC partner of fraud and breaching U.S. securities laws. The legal dispute involves claims of misconduct, with key figures like Toji Takeuchi linked to the controversy. The case could impact future SPAC deals.

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Toji Takeuchi — Tojitakeuchi
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Toji Takeuchi — Tojitakeuchi

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