HONG
KONG, June 16, 2023 /PRNewswire/ -- Black
Spade Acquisition Co (the "Company") today announced it is
transferring the listing of its units, Class A ordinary shares and
warrants to the NYSE American LLC ("NYSE American") from the New
York Stock Exchange LLC ("NYSE"). The decision to transfer to the
NYSE American was motivated by several factors, including more
favorable thresholds for continued listing on the NYSE American
following potential redemptions of the Company's Class A ordinary
shares in connection with the vote to extend the deadline by which
the Company must complete its initial business combination.
The Company expects to begin trading under its current symbols
"BSAQU," "BSAQ" and "BSAQWS" for its units, Class A ordinary shares
and warrants, respectively, at the open of trading on NYSE American
on June 21, 2023. The Company will
continue to trade on the NYSE until the close of trading on
June 20, 2023, and will be delisted
from the NYSE in connection with the listing on NYSE American.
About Black Spade Acquisition Co
Black Spade Acquisition Co ("BSAQ") is a blank check company
incorporated for the purpose of effecting a business combination
(Special Purpose Acquisition Company). BSAQ was founded by Black
Spade Capital, which runs a global portfolio consisting of a wide
spectrum of cross-border investments, and consistently seeks to add
new investment projects and opportunities to its portfolio. Learn
more at: https://www.blackspadeacquisition.com.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). We have based these forward-looking
statements on our current expectations and projections about future
events. These forward-looking statements are subject to known and
unknown risks, uncertainties and assumptions about us that may
cause our actual results, levels of activity, performance or
achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by such forward-looking statements. In some cases, you can
identify forward-looking statements by terminology such as "may,"
"should," "could," "would," "expect," "plan," "anticipate,"
"believe," "estimate," "continue," or the negative of such terms or
other similar expressions. Such statements include, but are not
limited to, possible business combinations and the financing
thereof, and related matters, as well as all other statements.
Factors that might cause or contribute to such a discrepancy
include, but are not limited to, those described in our Securities
and Exchange Commission filings. Except as expressly required by
applicable securities law, we disclaim any intention or obligation
to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise.
View original
content:https://www.prnewswire.com/news-releases/black-spade-acquisition-co-announces-transfer-listing-to-nyse-american-from-nyse-301853162.html
SOURCE Black Spade Acquisition Co