Jingtian & Gongcheng Assisted HK Acquisition and Synagistics completed Hong Kong's first De-SPAC merger listing
Date:2024-10-29

Special Purpose Acquisition Company (SPAC) HK Acquisition Corporation (" HK Acquisition", stock code: 07841.HK, warrant code: 04841.HK) with Synagistics Pte. Ltd. ("Synagistics"), the Southeast Asia's leading data-driven digital solution platform, successfully completed the De-SPAC merger transaction on October 30, 2024, marking a historic milestone in Hong Kong's capital markets as the first De-SPAC merger transaction to be successfully completed since the launch of the SPAC listing mechanism in Hong Kong in 2022.

 

As the Hong Kong legal counsel to the joint sponsor and overall coordinator of this transaction, Jingtian & Gongcheng has provided comprehensive and professional legal services throughout the whole process.

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