LSE SPAC-I, Ningbo Green Light Energy merger gets Lahore High Court nod
LSE SPAC-I Limited (PSX:SPAC1) will merge into Ningbo Green Light Energy Limited (NGLE) after the Lahore High Court sanctioned the scheme of arrangement, with SPAC1 shareholders set to receive 1.5 NGLE shares for every one share held.
October 13, 2026 (MLN): LSE SPAC-I Limited (PSX:SPAC1) will merge into Ningbo Green Light Energy Limited (NGLE) after the Lahore High Court sanctioned the scheme of arrangement, with SPAC1 shareholders set to receive 1.5 NGLE shares for every one share held. Trading in SPAC1 will end on October 20, 2026, while NGLE is tentatively scheduled to list on October 26, 2026, subject to an increase in authorised capital and...