East Stone (ESSC) Terminates JHD Deal, Now to Combine with ICONIQ

East Stone (NASDAQ:ESSC) has terminated its earlier announced combination with JHD holdings and entered into a definitive agreement to combine with EV-maker ICONIQ at a post-money value of $2.5 billion. The Chinese ICONIQ electric car brand is now headquartered in Dubai, with four vehicle models under development. Transaction Overview East Stone brings an estimated $33.5
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