Okada Manila parents looking to terminate merger agreement for US listing, accuse SPAC partner of fraud

Mon, 22 Jul 2024 12:17:14 +0000

The operating entities of Philippines integrated resort Okada Manila have filed a series of counterclaims against US-based SPAC firm 26 Capital Acquisition Corp, seeking to terminate a previously planned merger agreement that would have seen the company listed on the NASDAQ.