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SPAC Aquaron Acquisition Corp. (NASDAQ:AQU) has agreed to merge with Bestpath IoT Technology, a Chinese developer of hydrogen fuel cell-powered vehicles.
The deal values the combined company at an initial equity value of around $1.2B.
Aquaron held its initial public offering in October, raising approximately $50M to seek out a business combination in the new energy sector.
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BREAKING Ryerson Holding Corp (RYI) reported Q4 2025 earnings per share of $-1.01, missing the consensus estimate of $-0.65 by...
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Magnificent 7 tech stocks on display at the Nasdaq.Adam Jeffery | CNBCWhile the prospect of a SpaceX initial public offering...
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