barnyarddog
12 months ago
RALEIGH, N.C., July 28, 2023 ....Black Spade has scheduled the Extraordinary General Meeting of Shareholders ("EGM") to approve the proposed business combination with VinFast to be held on August 10, 2023.
The business combination values VinFast at an enterprise value of US$27 billion and an equity value of US$23 billion. The transaction is expected to close followed by the listing of VinFast in August 2023,
VINFAST'S REGISTRATION STATEMENT ON FORM F-4 IN CONNECTION WITH ITS PROPOSED BUSINESS COMBINATION WITH BLACK SPADE DECLARED EFFECTIVE BY THE U.S. SECURITIES AND EXCHANGE COMMISSION
https://finance.yahoo.com/news/vinfasts-registration-statement-form-f-174200214.html,
11.15
+0.87 (+8.46%)
At close: July 28 03:59PM EDT
barnyarddog
12 months ago
Q: When do you expect the Business Combination to be completed?
A: It is currently anticipated that the Business Combination will be consummated promptly following the Meeting, which is set on August 10, 2023; however, such Meeting could be adjourned, as described above. For a description of the conditions for the completion of the Business Combination, see the section titled “Proposal One—The Business Combination Proposal—General—Merger Consideration.”
DEFM14A 07/28/2023
https://www.otcmarkets.com/filing/html?id=16817393&guid=owN-k6iylEnKJth
barnyarddog
1 year ago
VinFast has established global operations in the US, Canada, Germany, France and the Netherlands.
VinFast’s project is estimated to grow the state’s economy by at least $71.59 billion over 32 years
“As a native of this area I am incredibly excited to see VinFast choose to join our community,” said Representative Robert T. Reives. “Everyone in our region and across the state welcomes VinFast to our community, and we are committed to help this company succeed in North Carolina.”
barnyarddog
1 year ago
Black Spade Acquisition Co a Hong Kong SPAC. VinFast Headquarters: Singapore.
VinFast LLC is a Vietnamese-founded, Singaporean-based private automotive company. Established in 2017, it is a member of the conglomerate organization Vingroup, one of the largest private conglomerates in Vietnam that was founded by Ph?m Nh?t Vu?ng.[4][5][6] It is the first Vietnamese car brand to expand into global markets as well as the first to expand into producing electric vehicles (EV) such as electric cars and electric scooters.[7]
Headquarters moved to Singapore
On 7 April 2022, VinFast announced plans for an initial public offering (IPO) through a Singapore-based holding company with U.S. securities regulators on the second half of the year as an option to fund their expansion.[28]
On 24 May 2022, Vinfast announced that it would be moving its headquarters to Singapore, with the company stating that "We feel that Singapore is a jurisdiction that will give investors more confidence."[1] Singapore will be its legal and financial headquarters while Vietnam remains its operational headquarters. It is reported that IPO plans to the US has been postponed to 2023.[29]
barnyarddog
1 year ago
May 12, 2023 VinFast To Publicly List Through Business Combination With Black Spade Acquisition Co
https://www.blackspadeacquisition.com/news/press-releases/detail/44/vinfast-to-publicly-list-through-business-combination-with
About VinFast
VinFast – a member of Vingroup – is the leading Vietnamese automotive manufacturer, committed to its mission of creating a green future for everyone. VinFast manufacturers and exports a full portfolio of electric SUVs, e-scooters and e-buses across Vietnam, the United States, and, soon, Europe. https://vinfastauto.us/