STOP THE WAR! Let’s support Ukraine Together

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

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
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.