Thursday, November 21, 2024

Equity Corporate Actions Alert #2024 - 574
(UPDATED: Merger closed) Information Regarding the Business Combination of TMT Acquisition Corp (TMTC/R/U) & Elong Power Holding Limited

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  • Industry Announcement

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The business combination of TMT Acquisition Corp (TMTC/R/U) & Elong Power Holding Limited closed today, November 21, 2024. As a result of the business combination, the Class A Ordinary Shares, Right, and Unit of TMT Acquisition Corp (TMTC/R/U) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: TMT Acquisition Corp Ordinary Shares
CUSIP#: G89229119
Symbol: TMTC
Last Trading Date: November 21, 2024
Marketplace Effective Date for Suspension: November 22, 2024
Merger Consideration: One (1) Elong Power Holding Limited Class A Ordinary Share (ELPW) for each share held.

Company Name/Issue: TMT Acquisition Corp Rights
CUSIP#: G89229135
Symbol: TMTCR
Last Trading Date: November 21, 2024
Marketplace Effective Date for Suspension: November 22, 2024
Merger Consideration: One (1) Elong Power Holding Limited Class A Ordinary Share (ELPW) for every five (5) rights held.

Company Name/Issue: TMT Acquisition Corp Unit
CUSIP#: G89229101
Symbol: TMTCU
Last Trading Date: November 21, 2024
Marketplace Effective Date for Suspension: November 22, 2024
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company will be listed on the Nasdaq Global Market. The details are as follows:

Company Name/Issue: Elong Power Holding Limited Class A Ordinary Share
CUSIP#: G3016G103
Symbol: ELPW
Marketplace Effective Date: November 22, 2024

If you would like to register as a market maker in ELPW contact Nasdaq Trading Services at +1 212 231 5100.



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