Silver Crest Acquisition Corp

TH International Ltd. is a holding company, which through its subsidiaries, engages in the commercial franchising of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. It operates the Tim Hortons restaurant chains, which offer coffee, tea, and baked goods such as donuts, cakes, breakfast bagels, croissants, toast and sandwiches. The company was founded in April 2018 and is headquartered in Shanghai, China.

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TH International Ltd/Cayman Islands

Closing and related transactions will provide Tims China access to nearly $200 million to support continued growth Closing and related transactions will provide Tims China access to nearly $200 million to support continued growth

Tims China Completes Business Combination with Silver Crest Acquisition Corporation

The stock price of Silver Crest Acquisition (SLCR) fell by 13.5% in the most recent trading session. This is why.

Silver Crest Acquisition (SLCR) Stock: Why It Fell 13.5%

Silver Crest Acquisition Corporation is a special purpose acquisition company planning to merge with Tim Hortons China.

Why Shares of Silver Crest Acquisition Are Falling Today

Restaurant Brands

Tim Hortons China is aiming to open nearly 3,000 stores in China over five years, banking on technology and localization to fuel its rapid expansion. Company needs to be careful to avoid mistakes of chains like Costa and Krispy Kreme, which closed or sputtered after initially announcing similar major expansion plans.

Tim Hortons China Brews Up Explosive Growth Plan Using Tech And Localization

SPAC Silver Crest Acquisition Corporation is expected to complete its merger with Tim Hortons China this month, but its warrants traded at a level as if the deal would fail. Tim Hortons China is fundamentally very solid with well recognized brand name, well tested business model, and well respected management team and investors.

Silver Crest Acquisition Corporation Warrants: Tims China Merger Will Unlock Significant Upside

A SPAC focused on the consumer sector has announced the acquisition of a leading restaurant company in China.  The SPAC Deal: Tim Hortons International Limited, also known as Tims China, announced a SPAC deal with Silver Crest Acquisition Corporation (NASDAQ: SLCR).

Tim Hortons China Lands SPAC Deal With Plans For 2,750 Stores: What Investors Should Know

News for Silver Crest Acquisition Corp Stock (SLCR)