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ACBA - Ace Global Business Acquisition DDC Enterprise to terminate share agreement

  • DDC Enterprise, that owns and operates the brand DayDayCook, and Ace Global Business Acquisition ( NASDAQ: ACBA ) have mutually agreed to terminate their previously announced Share Exchange Agreement, effective immediately.
  • Both parties decided to mutually terminate the Share Exchange Agreement as a result of unfavorable market conditions.
  • "As we move into Q2 2022, we will continue striving towards our goal of being the world leader in content-driven lifestyle brands for young food lovers located in Asian markets," said Norma Chu, Founder and CEO of DDC.

For further details see:

Ace Global Business Acquisition, DDC Enterprise to terminate share agreement
Stock Information

Company Name: Ace Global Business Acquisition Limited
Stock Symbol: ACBA
Market: NASDAQ

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