m_and_a
confidence high
sentiment neutral
materiality 0.80
Black Spade II shareholders approve TGE business combination; deal to close June 3, 2025
Black Spade Acquisition II Co
- Shareholders approved business combination and merger proposals with 14.05M votes for, 1.67M against.
- Business Combination expected to close June 3, 2025; TGE shares/warrants to list on NYSE under TGE/TGEWS.
- Holders of 13.12M Class A shares (83% of total) redeemed for ~$10.30/share, totaling ~$135.2M.
- Remaining trust funds after redemptions ~$22.5M.
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