TDAC secures 85% shareholder retention, $156.8M trust intact after extension vote

Translational Development Acquisition Corp.

85% of shares not redeemed; 14.65M shares held, only 2.60M redeemed after June 17 vote.
$156.8 million remains in trust following redemptions, supporting proposed ProLogium merger.
95% of votes cast were in favor of extending SPAC deadline, indicating strong support.
ProLogium is a lithium ceramic battery maker with gigascale plants in Taiwan and France.

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