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EUROEV files to permit resale of 5,143,697 shares after proposed merger

EUROEV Holdings filed a registration statement on November 10 to permit selling shareholders to resell 5,143,697 ordinary shares after its proposed business combination involving Aiways Europe and Hudson Acquisition I Corp. The shares include 2,143,697 sponsor shares to be released from lock-up restrictions at closing. The filing also maintains a prospectus for shares previously registered for issuance in the combination; it registers no additional shares for issuance. The transaction has not closed, and the covered shares remain unissued. EUROEV will receive no proceeds from shareholder resales, which depend on completion of the combination and effectiveness of the registration statement.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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