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Global IBO Group Announce Definitive Business Combination Agreement With Bukit Jalil Global Acquisition 1; Upon Completion Of Deal, Combined Company Will Be Renamed "GIBO Holdings Limited" And Listed On Nasdaq

Benzinga · 08/09/2024 16:32

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Global IBO Group Ltd. ("GIBO"), a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators, and Bukit Jalil Global Acquisition 1 Ltd. ("Bukit Jalil Global") (NASDAQ:BUJA), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement"). Upon completion of the business combination of GIBO and Bukit Jalil Global and related transactions pursuant to the Business Combination Agreement (the "Proposed Transaction"), the combined company (the "Combined Company" or "PubCo") will be renamed "GIBO Holdings Limited" and listed on The Nasdaq Stock Market LLC ("Nasdaq").

The closing of the transactions is subject to customary closing conditions, including regulatory and shareholder approvals.

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