AlphaVest Acquisition Corp signs merger with Wanshun Technology in $300M SPAC deal

AMC Robotics Corp

Wanshun operates ride-hailing platform in China with ~5.8M registered drivers.
Transaction valued at ~$300M; ATMV shareholders to receive Wanshun capital stock.
Merger approved by both boards; expected to close in Q4 2023 or early 2024.
Combined company to remain NASDAQ-listed under new ticker; Wanshun management to lead.

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