M&A
confidence high
sentiment positive
materiality 0.90
Bukit Jalil Global Acquisition completes business combination with GIBO, Nasdaq listing under 'GIBO'
Bukit Jalil Global Acquisition 1 Ltd.
- BUJA (SPAC) and Global IBO Group closed business combination on May 8, 2025; combined entity renamed GIBO Holdings Limited.
- GIBO is an AIGC animation streaming platform with over 72 million registered users across Southeast Asia and South Asia.
- Company's Class A ordinary shares and warrants to trade on Nasdaq under tickers 'GIBO' and 'GIBOW' starting May 9, 2025.
- BUJA's units, shares, warrants, and rights to be delisted from Nasdaq; BUJA officers and directors resigned upon closing.
- New leadership: Dereck Lim as Chairman and Zelt Kueh as CEO; company to focus on AI-powered content creation globally.