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Black Spade Acquisition II Co

9.99

0.0000

Volume:- -

Turnover:- -

Market Cap:191.06M

PE:- -

High:9.99

Open:9.99

Low:9.99

Close:9.99

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Overview Company News Filings

Black Spade Acquisition II up 81% after completing business combination

the Generation Essentials Group and Black Spade Acquisition Ii Co Complete Business Combination

THOMSON REUTERS

Press Release: THE GENERATION ESSENTIALS GROUP AND BLACK SPADE ACQUISITION II CO COMPLETE BUSINESS COMBINATION

BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Complete Business Combination

AMTD Digital Inc. and Black Spade Acquisition II Co Finalize Merger, New Entity TGE to Begin Trading on NYSE

the Generation Essentials Group and Black Spade Acquisition Ii Co Complete Business Combination

THOMSON REUTERS

Black Spade Acquisition II Co. to Voluntarily Delist from Nasdaq Ahead of Merger with The Generation Essentials Group

Black Spade Acquisition Ii Co Announces Intention to Voluntarily Delist From the Nasdaq Stock Market Llc, Conditional Upon Consummation of Its Pending Business Combination With the Generation Essentials Group

THOMSON REUTERS

the Generation Essentials Group and Black Spade Ii Secure Shareholder Approval for Nyse-Listed Business Combination

THOMSON REUTERS

Press Release: The Generation Essentials Group and Black Spade II Secure Shareholder Approval for NYSE-Listed Business Combination

Top Premarket Gainers

MT Newswires Live

BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Announce Approval Of Business Combination By Black Spade II’S Shareholders

Black Spade Acquisition II Co. and The Generation Essentials Group Secure Shareholder Approval for Business Combination, Closing Expected June 3, 2025

the Generation Essentials Group and Black Spade Acquisition Ii Co Announce Approval of Business Combination by Black Spade Ii’s Shareholders

THOMSON REUTERS

Black Spade Acquisition II Co. Updates Terms of Business Combination with The Generation Essentials Group

AMTD's IDEA Group, Units Agree to Merge With Special Purpose Acquisition Company to Bring WME Subsidiary Public

MT Newswires Live

World Media and Entertainment Universal to go public through Black Spade pact

BRIEF-World Media And Entertainment Universal To Go Public Through Black Spade Acquisition II Co

Black Spade Acquisition Ii Co - Existing Wme Shareholders to Hold Over 70% of Combined Company

THOMSON REUTERS

World Media and Entertainment Universal to Go Public Through Business Combination With Black Spade Acquisition Ii Co

THOMSON REUTERS

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Earlier, the company announced: “The Generation Essentials Group, an entity jointly establi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/black-spade-acquisition-ii-up-81-after-completing-business-combination-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/black-spade-acquisition-ii-up-81-after-completing-business-combination-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BSII","TGE","BSAQ.U","BSIIU"],"gpt_icon":0},{"id":"2541409442","title":"the Generation Essentials Group and Black Spade Acquisition Ii Co Complete Business Combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2541409442","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541409442?lang=en_us&edition=fundamental","pubTime":"2025-06-05 06:14","pubTimestamp":1749075286,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nTUA6QLLNJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BSII","BK4588","BK4526","BK4585","BK4023","HKD","TGE"],"gpt_icon":0},{"id":"2541094254","title":"Press Release: THE GENERATION ESSENTIALS GROUP AND BLACK SPADE ACQUISITION II CO COMPLETE BUSINESS COMBINATION","url":"https://stock-news.laohu8.com/highlight/detail?id=2541094254","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541094254?lang=en_us&edition=fundamental","pubTime":"2025-06-05 06:14","pubTimestamp":1749075240,"startTime":"0","endTime":"0","summary":"- The Generation Essentials Group's Class A Ordinary Shares and Warrants to Begin Trading on the New York Stock Exchange and NYSE American on June 5, 2025, under Ticker Symbols \"TGE\" and \"TGE WS\", Respectively.NEW YORK and PARIS and SINGAPORE, June 4, 2025 /PRNewswire/ -- The Generation Essentials Group , an entity jointly established by AMTD Group, AMTD IDEA Group  and AMTD Digital Inc. , and Black Spade Acquisition II Co   are pleased to confirm the completion of their previously announced business combination . The listed company following the Business Combination is TGE, and its Class A ordinary shares and warrants will commence trading on the New York Stock Exchange and NYSE American under the ticker symbols \"TGE\" and \"TGE WS\",  respectively, on June 5, 2025.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6044","BK4588","BSIIU","TGE","BK4526","BK4531","BSII","HKB.SI","AMTD","BSAQ.U","BK4585","BK4023","BK4127"],"gpt_icon":1},{"id":"2541091021","title":"BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Complete Business Combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2541091021","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541091021?lang=en_us&edition=fundamental","pubTime":"2025-06-05 05:35","pubTimestamp":1749072922,"startTime":"0","endTime":"0","summary":"BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Complete Business CombinationJune 4 (Reuters) - Black Spade Acquisition II Co BSII.O:THE GENERATION ESSENTIALS GROUP AND BLACK S","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nTUABYRVJM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BSII","TGE"],"gpt_icon":0},{"id":"2541091084","title":"AMTD Digital Inc. and Black Spade Acquisition II Co Finalize Merger, New Entity TGE to Begin Trading on NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=2541091084","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541091084?lang=en_us&edition=fundamental","pubTime":"2025-06-05 05:30","pubTimestamp":1749072634,"startTime":"0","endTime":"0","summary":"AMTD Digital Inc. has confirmed the completion of a business combination involving The Generation Essentials Group  and Black Spade Acquisition II Co . The merged entity, TGE, will have its Class A ordinary shares and warrants commence trading on the New York Stock Exchange and NYSE American under the ticker symbols \"TGE\" and \"TGE WS\", respectively, starting June 5, 2025. This transaction follows the approval by Black Spade II's shareholders on May 30, 2025. As a result, Black Spade II has become a wholly owned subsidiary of TGE and is expected to be delisted from The Nasdaq Stock Market LLC. This strategic merger aims to establish TGE as a global operator in media, entertainment, and hospitality sectors.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nNDL38RWgD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BSII","TGE","BK4588","HKD","BK4585","BK4526","BK4023"],"gpt_icon":1},{"id":"2541091088","title":"the Generation Essentials Group and Black Spade Acquisition Ii Co Complete Business Combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2541091088","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541091088?lang=en_us&edition=fundamental","pubTime":"2025-06-05 05:29","pubTimestamp":1749072540,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nTUABYRVJM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BSII","TGE"],"gpt_icon":0},{"id":"2540135437","title":"Black Spade Acquisition II Co. to Voluntarily Delist from Nasdaq Ahead of Merger with The Generation Essentials Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2540135437","media":"Reuters","labels":["shareholding","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540135437?lang=en_us&edition=fundamental","pubTime":"2025-06-03 04:15","pubTimestamp":1748895329,"startTime":"0","endTime":"0","summary":"Black Spade Acquisition II Co has announced its intention to voluntarily delist its units, Class A ordinary shares, and warrants from Nasdaq, contingent upon the completion of its pending business combination with The Generation Essentials Group . Upon closing the Business Combination, Black Spade Acquisition II Co will become a wholly owned subsidiary of TGE. Consequently, TGE's ordinary shares and warrants are anticipated to be listed on the New York Stock Exchange and NYSE American, respectively. Trading is expected to commence on or about June 5, 2025, under the symbols \"TGE\" and \"TGEWS.\" The final trading day on Nasdaq for Black Spade Acquisition II Co's securities is projected to be June 4, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDLbTHnPT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BSII","TGE"],"gpt_icon":0},{"id":"2540771355","title":"Black Spade Acquisition Ii Co Announces Intention to Voluntarily Delist From the Nasdaq Stock Market Llc, Conditional Upon Consummation of Its Pending Business Combination With the Generation Essentials Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2540771355","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540771355?lang=en_us&edition=fundamental","pubTime":"2025-06-03 04:15","pubTimestamp":1748895300,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nTUA4RH6BP:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BSII","TGE"],"gpt_icon":0},{"id":"2540967957","title":"the Generation Essentials Group and Black Spade Ii Secure Shareholder Approval for Nyse-Listed Business Combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2540967957","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540967957?lang=en_us&edition=fundamental","pubTime":"2025-06-02 22:13","pubTimestamp":1748873580,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nTUA9YFDKZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4585","TGE","BK4526","BK4023","BSII","HKD","BK4588"],"gpt_icon":0},{"id":"2540796762","title":"Press Release: The Generation Essentials Group and Black Spade II Secure Shareholder Approval for NYSE-Listed Business Combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2540796762","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540796762?lang=en_us&edition=fundamental","pubTime":"2025-06-02 22:13","pubTimestamp":1748873580,"startTime":"0","endTime":"0","summary":"Expect to Close the Business Combination on June 3, 2025. TGE's Class A Ordinary Shares and Warrants are Expected to Be Listed on. the New York Stock Exchange and NYSE American under Ticker Symbols \"TGE\". and \"TGEWS\", Respectively, shortly after the Closing of the Business. The Generation Essentials Group  and Black Spade Acquisition II Co   announced that their previously proposed business combination  was approved at an extraordinary general meeting of Black Spade II's shareholders on May 30, 2025.The Business Combination is expected to close on June 3, 2025. Upon closing, TGE will become the publicly traded entity, with its Class A ordinary shares and warrants to be listed under the ticker symbols \"TGE\" and \"TGEWS\", respectively, on the New York Stock Exchange and NYSE American.AMTD IDEA Group  represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions pl","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AMTD","BK4531","BK4585","BK4127","TGE","BK4526","BK4023","BSII","HKD","BK4588","NYSE","BK6044","BSIIU","HKB.SI"],"gpt_icon":0},{"id":"2540767095","title":"Top Premarket Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2540767095","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540767095?lang=en_us&edition=fundamental","pubTime":"2025-06-02 19:35","pubTimestamp":1748864156,"startTime":"0","endTime":"0","summary":"InMed Pharmaceuticals  shares were up more than 200% pre-bell Monday following a muted session.Vera Therapeutics  shares were 75% higher after the company said its phase 3 trial of atacicept for the treatment of immunoglobulin A nephropathy achieved its primary endpoint.Instill Bio  shares were more than 46% higher after the company said it has appointed Jamie Freedman as chief medical officer.Black Spade Acquisition II  stock was up 16% after the blank check company said late Friday its shareholders approved a pending business combination with The Generation Essentials Group.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4007","BK4585","BK4539","INM","BK4139","VERA","TGE","TIL","BK4588","BSII","BK4505"],"gpt_icon":0},{"id":"2539270207","title":"BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Announce Approval Of Business Combination By Black Spade II’S Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2539270207","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539270207?lang=en_us&edition=fundamental","pubTime":"2025-05-31 04:18","pubTimestamp":1748636313,"startTime":"0","endTime":"0","summary":"BRIEF-The Generation Essentials Group And Black Spade Acquisition II Co Announce Approval Of Business Combination By Black Spade II’S ShareholdersMay 30 (Reuters) - Black Spade Acquisition II Co BSII.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nTUA7NK6WN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TGE","BSII"],"gpt_icon":0},{"id":"2539270204","title":"Black Spade Acquisition II Co. and The Generation Essentials Group Secure Shareholder Approval for Business Combination, Closing Expected June 3, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2539270204","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539270204?lang=en_us&edition=fundamental","pubTime":"2025-05-31 04:18","pubTimestamp":1748636292,"startTime":"0","endTime":"0","summary":"Black Spade Acquisition II Co. and The Generation Essentials Group Secure Shareholder Approval for Business Combination, Closing Expected June 3, 2025. HONG KONG--The Generation Essentials Group  and Black Spade Acquisition II Co  have announced that their proposed business combination has received approval from Black Spade II's shareholders. The approval was granted at an extraordinary general meeting held on May 30, 2025. The transaction is expected to close on June 3, 2025. Following the closing, TGE will continue as the combined company, with its Class A ordinary shares and warrants anticipated to be listed on the New York Stock Exchange and NYSE American under the ticker symbols \"TGE\" and \"TGEWS\", respectively. The exact date of listing will be announced shortly after the closing.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for in","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL9dDd1M:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BSII","TGE"],"gpt_icon":0},{"id":"2539270223","title":"the Generation Essentials Group and Black Spade Acquisition Ii Co Announce Approval of Business Combination by Black Spade Ii’s Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2539270223","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539270223?lang=en_us&edition=fundamental","pubTime":"2025-05-31 04:18","pubTimestamp":1748636280,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nTUA7NK6WN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TGE","BSII"],"gpt_icon":0},{"id":"2537623235","title":"Black Spade Acquisition II Co. Updates Terms of Business Combination with The Generation Essentials Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2537623235","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537623235?lang=en_us&edition=fundamental","pubTime":"2025-05-21 04:30","pubTimestamp":1747773023,"startTime":"0","endTime":"0","summary":"Black Spade Acquisition II Co. has announced an update to its merger and acquisition transaction with The Generation Essentials Group . Initially disclosed on January 27, 2025, Black Spade II has entered into a Business Combination Agreement with TGE and WME Merger Sub Limited, a wholly-owned subsidiary of WME. As part of this agreement, the Merger Sub will merge with and into Black Spade II, leading to Black Spade II becoming a wholly-owned subsidiary of TGE. A significant update involves the amendment of the existing warrant agreement, allowing the TGE Warrant to be exercised 30 days after the completion of the Business Combination. This update is part of the planned execution of the Assignment, Assumption and Amendment Agreement at the closing of the transaction.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL1XB71Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BSII"],"gpt_icon":0},{"id":"2506626305","title":"AMTD's IDEA Group, Units Agree to Merge With Special Purpose Acquisition Company to Bring WME Subsidiary Public","url":"https://stock-news.laohu8.com/highlight/detail?id=2506626305","media":"MT Newswires Live","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506626305?lang=en_us&edition=fundamental","pubTime":"2025-01-27 23:04","pubTimestamp":1737990265,"startTime":"0","endTime":"0","summary":"AMTD Group's IDEA Group  and AMTD Digital  have agreed to merge their World Media and Entertainment Universal subsidiary with special purpose acqusition company Black Spade Capital's subsidiary Black Spade Acquisition II, to bring World Media and Entertainment public.The deal values WME at an equity value of about $488 million, not including $153 million in cash held in trust by the special purpose acquisition company. After the transaction, existing WME shareholders, including AMTD Idea Group and AMTD Digital, will hold more than 70% of the merged company's voting shares -- assuming no Black Spade Acquisition II shareholders elect to redeem their shares for cash, as permitted under terms of the deal, the companies said.The merger and public listing is expected to close by mid-2025, subject to regulatory and shareholder approvals and other customary conditions.Price: 1.10, Change: +0.06, Percent Change: 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Media and Entertainment Universal and Black Spade Acquisition II (BSII) announced that they have entered into a business combination 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