secwatch.observer — SEC 8-K summary
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Issuer:     COVA Acquisition Corp. (—)
CIK:        0001837160
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001104659-22-129098
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COVA Acquisition Corp. completes $3.4B business combination with ECARX; begins trading as ECX on Nasdaq
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- Merger closed Dec 20, 2022; COVA shareholders received ECARX Class A ordinary shares at ~$3.4B valuation.
- ECARX Class A ordinary shares and warrants listed on Nasdaq under tickers ECX and ECXWW starting Dec 21, 2022.
- COVA notified Nasdaq of delisting; COVA shares, warrants and units suspended from trading on Dec 21, 2022.
- All COVA directors and officers resigned: CEO/CFO Jun Hong Heng, President K.V. Dhillon, and three other directors.
- Certain ECARX shareholders entered six-month lock-up agreements restricting transfer of ECARX Class A shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837160/000110465922129098/0001104659-22-129098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837160/000110465922129098/tm2233213d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-129098

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