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East Stone Acquisition Corporation (ESSC) Adds Backstop

East Stone Acquisition Corporation (ESSC) Adds Backstop

East Stone (NASDAQ:ESSC) announced in an 8-K this morning that it has agreed to backstops with institutional investors ahead of its completion vote later this month. East Stone has an estimated $10.26 per share in trust and so it could still use some breathing room. In this case, the backstop also applies to two separate
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