26 Capital Acquisition Corp profile picture 26 Capital Acquisition Corp profile picture
26 Capital Acquisition Corp
7 w

Okada Manila Faces Lawsuit from 26 Capital Over Merger Hold-Up

26 Capital, a proposed SPAC partner, has filed a lawsuit against Okada Manila entities for failing to take timely action on a planned merger. The suit alleges that Okada Manila's delay in executing necessary steps has obstructed the merger's progress, affecting both parties. This legal move underscores the escalating tensions and complications in the merger process, with 26 Capital seeking a resolution to proceed with the deal.

https://1link.pro/26capitalacquisitioncorp

Proposed SPAC partner 26 Capital files lawsuit against Okada Manila entities for failure to promptly act on merger
1link.pro

Proposed SPAC partner 26 Capital files lawsuit against Okada Manila entities for failure to promptly act on merger

The US-based Special Purpose Acquisition Company (SPAC) that has been planning a merger with the operating entities of Philippines integrated resort Okada Manila has filed a lawsuit against those entities claiming they have breached their obligations

© 2025 ConnectGalaxy

Language