Charlton Aria Acquisition Corporation has announced a change in control following the completion of a share purchase agreement on May 13, 2025. Sunny Tan Kah Wei, the sole shareholder of ST Sponsor II Limited, has transferred ownership to Sovereign Global Trust LLC. As a result, Chen Siak Chan and Valley Point now hold significant voting power, influencing the board of directors. The transaction may impact the company's ability to pursue business combinations with U.S. target companies due to foreign investment regulations. Despite the change in control, the board's composition remains unchanged.
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