Ace Global Business Acquisition Ltd

Ace Global Business Acquisition Ltd. operates as a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 2, 2020 and is headquartered in Hong Kong.

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Ace Global Business Acquisition Ltd. operates as a blank check company. It was formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 2, 2020 and is headquartered in Hong Kong.

NEW YORK , April 17, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $30,000 (representing the lesser of (i) $30,000 and (ii) an aggregate amount equal to $0.033 multiplied by the number of issued and outstanding Company ordinary shares issued in the Company's initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from May 9, 2024 to June 8, 2024. The Company issued a promissory note to the Sponsor with a principal amount equal to the amount deposited.

Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

NEW YORK , April 8, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that at its annual general meeting of shareholders on April 2, 2024, the Company's shareholders voted in favor of the proposal to amend and restate its amended and restated memorandum and articles of association, giving the Company the right to extend the date by which the Company has to complete a business combination a total of six (6) times for an additional one (1) month each time from April 8, 2024 to October 8, 2024. On April 5, 2024, Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $30,000 (representing the lesser of (i) $30,000 and (ii) an aggregate amount equal to $0.033 multiplied by the number of issued and outstanding Company ordinary shares issued in the Company's initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from April 8, 2024 to May 8, 2024.

Ace Global Business Acquisition Limited Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period

Combined Company Expected to Trade on the NASDAQ Post-close under a New Ticker Symbol LE Worldwide Limited ("LE") is a key component provider of data-enabled greenhouse farming solutions. LE and its parent have multi-generational expertise in Light-Emitting Diode (LED) technology , with one of the largest LED product manufacturing and research facilities in Asia.

Ace Global Business Acquisition Limited Announces Proposed Merger Agreement with LE Worldwide Limited

Ace Global Business Acquisition Ltd - Unit

NEW YORK , July 12, 2022 /PRNewswire/ -- DDC Enterprise Limited (the "Company" or "DDC"), a digital publisher and merchandising company that owns and operates the brand DayDayCook, and Ace Global Business Acquisition Limited ("Ace") (NASDAQ: ACBA, ACBAU, ACBAW), a special purpose acquisition company ("SPAC"), today announced that both parties have mutually agreed to terminate their previously announced Share Exchange Agreement ("Share Exchange Agreement"), effective immediately. Both parties decided to mutually terminate the Share Exchange Agreement as a result of unfavorable market conditions.

DDC Enterprise Limited and Ace Global Business Acquisition Limited Mutually Agree To Terminate Share Exchange Agreement

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- DDC Enterprise Limited (the “Company” or “DDC”), a digital publisher and merchandising company that owns and operates the brand DayDayCook, and Ace Global Business Acquisition Limited (“Ace”) (NASDAQ: ACBA, ACBAU, ACBAW), a special purpose acquisition company (“SPAC”), announced today that Ace has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the previously announced business combination transaction between DDC and Ace . (the “Business Combination”).

DDC Enterprise Limited and Ace Global Business Acquisition Limited Announce Initial Filing of Preliminary Proxy Statement in Connection with Proposed Business Combination and the Appointment of Independent Directors and Advisor

DDC is a digital publisher and merchandiser company running the brand DayDayCook, which is currently one of the leading content-driven lifestyle brands for young food lovers in Asian markets. DDC has launched ready-to-heat (RTH), ready-to-cook (RTC) and plant-based food products, which bring convenience and quality food products to the young food lovers.

Ace Global Business Acquisition Limited Announces Merger Agreement with DDC Enterprise Limited

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