HK Acquisition Corporation completes De-SPAC transaction with Synagistics

The SPAC will then be named Synagistics Limited.

Special Purpose Acquisition Company (SPAC) HK Acquisition Corporation has announced that it has completed its De-SPAC transaction and plans to officially change its name to Synagistics Limited on October 30, 2024, assuming all conditions are met following its merger with Singapore-headquartered firm Synagistics.

According to its bourse filling, on 29 October 2024, trading under the old SPAC name will end.

From 30 October 2024, the new shares, now called Successor Shares, will start trading under the new name Synagistics. The shares and warrants will have new trading codes and will be available in different board lot sizes

According to Synagistics' website, the merger is the first successful de-SPAC in Hong Kong.