TKK Symphony Acquisition Corporation Announces Further Extension of Expiration Date of Tender Offer for its Ordinary Shares
TKK SYMPHONY ACQUISITION CORP UNIT (TKKSU)
Company Research
Source: GlobeNewswire
Beijing, Feb. 12, 2020 (GLOBE NEWSWIRE) -- TKK Symphony Acquisition Corporation (Nasdaq: TKKS) (“TKK” or the “Company”) today announced that it has further extended the expiration date of its previously announced tender offer to purchase up to 25,000,000 ordinary shares at a purchase price of $10.28 per share in cash plus a contingent cash payment equal to a pro rata portion of any additional accrued interest remaining in the Company’s trust account in excess of $10.28 per share. The offer is being made in connection with the Company’s previously announced share exchange with Glory Star New Media Group Limited, a Cayman Islands exempted company. The purpose of the extension is to provide additional time for the parties to close the transaction. As amended, the tender offer will now expire at 5:00 p.m. New York City time, on Thursday, February 13, 2020, unless further extended or earlier terminated. If the parties ?are unable to close the transaction on or prior to February 20, 20
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