Car Tech, LLC and AltEnergy Acquisition Corp Announce Definitive Business Combination Agreement to List Merged Company on the NASDAQ Capital Market
AltEnergy Acquisition Corp. (AEAE)
Company Research
Source: PR Newswire
SEOUL, South Korea and OPELIKA, Ala. and NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Car Tech, LLC ("Car Tech"), a U.S. stamped auto-body parts manufacturer and subsidiary of leading Korean supplier, Shinyoung Co., Ltd., and AltEnergy Acquisition Corp. (NASDAQ: AEAE) ("AltEnergy"), a special purpose acquisition company, announced today that they have entered into a definitive business combination agreement that would result in Car Tech becoming a publicly traded company on the NASDAQ Capital Market. The transaction aims to expand Car Tech's U.S. manufacturing operations with an emphasis on its growing EV battery-related body parts business."We anticipate this transaction will expand Car Tech's manufacturing capacity so we can fill new signed orders with major global OEMs, and, at the same time, deepen our partnership with AltEnergy's management team, sponsor, and affiliates, who have significant experience focusing on energy transition and battery investments," said Chairman Hogap Kang of
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AEAE
Sec Filings
- 4/22/24 - Form 8-K
- 4/1/24 - Form NT
- 3/28/24 - Form DEFR14A
- AEAE's page on the SEC website