M&A
confidence high
sentiment neutral
materiality 0.75
Aimei Health (AFJK) signs definitive merger agreement with United Hydrogen Group
Aimei Health Technology Co., Ltd.
- Aimei Health (SPAC AFJK) entered into definitive Business Combination Agreement with United Hydrogen Group Inc. on June 19, 2024.
- Each AFJK ordinary share to convert into one Pubco Class A share; every five AFJK Rights to convert into one Pubco Class A share.
- Closing conditions: shareholder approvals, Nasdaq listing of Pubco shares, Aimei Health net tangible assets >= $5,000,001.
- Termination date March 31, 2025; lock-up for certain United Hydrogen shareholders (6 months, subject to price triggers).
- Support agreements with Aimei Health founder shareholders and United Hydrogen requisite shareholders to vote for the merger.