Eureka Acquisition Corp Announces Revised Terms for Extraordinary General Meeting on June 30, 2025
Charter Amendment Proposal: Eureka Acquisition Corp will hold an Extraordinary General Meeting on June 30, 2025, to vote on a proposal that extends the deadline for completing a business combination to July 3, 2025, with an option for monthly extensions at a fee of $150,000 each.
Voting and Redemption Details: Shareholders can vote if they were on record as of May 23, 2025, and have until June 26, 2025, to withdraw redemption requests or change their votes before the meeting.
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Marine Considering NASDAQ Listing Through Merger with Eureka Acquisition Corp.
Business Combination Announcement: Marine Thinking Inc. has entered into a definitive business combination agreement with Eureka Acquisition Corp., which will lead to Marine Thinking becoming a publicly traded company named Marine Thinking Holdings Inc. on NASDAQ, with a potential pre-money valuation of approximately $130 million.
Focus on Autonomous Technology: Marine Thinking aims to revolutionize the marine industry through its autonomous ship navigation technology, addressing the shortage of seafarers and enabling existing shipbuilders to transition to autonomous manufacturing.
Support and Partnerships: The company has received significant support from various Canadian federal government departments and has been involved in numerous R&D projects, showcasing its leadership in autonomous ship solutions across multiple marine sectors globally.
Regulatory Approval Process: The completion of the proposed transaction is contingent upon customary closing conditions, including regulatory and shareholder approvals, as well as the SEC's review of the necessary documentation.
Eureka Acquisition Corp Announces Revised Terms for Extraordinary General Meeting on June 30, 2025
Charter Amendment Proposal: Eureka Acquisition Corp will hold an Extraordinary General Meeting on June 30, 2025, to vote on a proposal that extends the deadline for completing a business combination to July 3, 2025, with an option for monthly extensions at a fee of $150,000 each.
Voting and Redemption Details: Shareholders can vote if they were on record as of May 23, 2025, and have until June 26, 2025, to withdraw redemption requests or change their votes before the meeting.
Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 30, 2025 and Extension of Redemption Request Deadline
Postponement of Extraordinary General Meeting: Eureka Acquisition Corp has postponed its Extraordinary General Meeting from June 25 to June 30, 2025, to allow more time for shareholder engagement, while maintaining the record date of May 23, 2025.
Redemption Request Deadline Extended: The deadline for shareholders to submit redemption requests has been extended to June 26, 2025, two business days before the rescheduled meeting, with no changes to the location or other proposals on the agenda.
MSCI adds five Indian stocks to key index; Nuvama sees $2.5 billion inflows By Reuters
MSCI Index Changes: MSCI has added five Indian companies to its Global Standard Index, increasing India's weightage from 19.3% to 19.8%, while China's weightage decreased slightly to 26.8%. This change is expected to attract $2.5 billion in passive inflows into Indian equity markets.
Market Impact and Future Outlook: The inclusion of these stocks reflects a growing trend of investment in India, with expectations for further additions to the index as mutual funds and retail investors remain active in the market.
Marine Considering NASDAQ Listing Through Merger with Eureka Acquisition Corp.
Business Combination Announcement: Marine Thinking Inc. has entered into a definitive business combination agreement with Eureka Acquisition Corp., which will lead to Marine Thinking becoming a publicly traded company named Marine Thinking Holdings Inc. on NASDAQ, with a potential pre-money valuation of approximately $130 million.
Focus on Autonomous Technology: Marine Thinking aims to revolutionize the marine industry through its autonomous ship navigation technology, addressing the shortage of seafarers and enabling existing shipbuilders to transition to autonomous manufacturing.
Support and Partnerships: The company has received significant support from various Canadian federal government departments and has been involved in numerous R&D projects, showcasing its leadership in autonomous ship solutions across multiple marine sectors globally.
Regulatory Approval Process: The completion of the proposed transaction is contingent upon customary closing conditions, including regulatory and shareholder approvals, as well as the SEC's review of the necessary documentation.
Eureka Acquisition Corp Announces Revised Terms for Extraordinary General Meeting on June 30, 2025
Charter Amendment Proposal: Eureka Acquisition Corp will hold an Extraordinary General Meeting on June 30, 2025, to vote on a proposal that extends the deadline for completing a business combination to July 3, 2025, with an option for monthly extensions at a fee of $150,000 each.
Voting and Redemption Details: Shareholders can vote if they were on record as of May 23, 2025, and have until June 26, 2025, to withdraw redemption requests or change their votes before the meeting.
Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 30, 2025 and Extension of Redemption Request Deadline
Postponement of Extraordinary General Meeting: Eureka Acquisition Corp has postponed its Extraordinary General Meeting from June 25 to June 30, 2025, to allow more time for shareholder engagement, while maintaining the record date of May 23, 2025.
Redemption Request Deadline Extended: The deadline for shareholders to submit redemption requests has been extended to June 26, 2025, two business days before the rescheduled meeting, with no changes to the location or other proposals on the agenda.
MSCI adds five Indian stocks to key index; Nuvama sees $2.5 billion inflows By Reuters
MSCI Index Changes: MSCI has added five Indian companies to its Global Standard Index, increasing India's weightage from 19.3% to 19.8%, while China's weightage decreased slightly to 26.8%. This change is expected to attract $2.5 billion in passive inflows into Indian equity markets.
Market Impact and Future Outlook: The inclusion of these stocks reflects a growing trend of investment in India, with expectations for further additions to the index as mutual funds and retail investors remain active in the market.
