Nasdaq listed American Resources Corporation’s wholly-owned subsidiary, American Metals LLC, and AI Transportation Acquisition Corp (Nasdaq: AITR), announced that they have executed a definitive business combination agreement in a DE-SPAC transaction valued at $170,000,000. Under the business combination, AI Transportation Acquisition Corp and American Metals LLC will become wholly-owned subsidiaries of a newly formed Delaware…

Rimon client, OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet”), the leading curator of regulatory-grade Real World Data (“iRWD™”), through its proven OneMedNet iRWD™ solution, today announced that it has entered into a definitive securities purchase agreement as of March 28, 2024 with an institutional investor providing up to $4.54 million in funding through a private placement for…

Rimon client, Australian Oilseeds Holdings Limited, a Cayman Islands exempted company and EDOC Acquisition Corp., a publicly-traded special purpose acquisition company announced they have closed their previously announced business combination. The transaction, which was approved on March 5, 2024, by EDOC shareholders, establishes Australian Oilseeds, the largest cold pressing oil plant in Australia and the…

KUALA LUMPUR, Malaysia, March 14, 2024 (GLOBE NEWSWIRE) — Graphjet Technology (“Graphjet” or “the Company”), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, and Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW) today announced they have closed their previously announced business combination (“the Business Combination”). The transaction, which was approved…

Capital A Berhad (“Capital A”), (Kuala Lumpur Stock Exchange: 5099.KL), announced on Wednesday, February 28, that it had finalized a business combination agreement with Aetherium Acquisition Corp (Nasdaq: GMFI), a Special Purpose Acquisition Company (“SPAC”), to list Capital A International (“CAPI”) in the U.S. public markets. CAPI leverages the expansion, management and licensing of the…

Kuala Lumpur, Feb. 05, 2024 (GLOBE NEWSWIRE) — Graphjet Technology Sdn. Bhd., a Malaysian private limited company (“Graphjet”) and Energem Corp (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that the Securities and Exchange Commission (“SEC”) has declared effective the registration Statement on Form S-4 (“Registration Statement”) in connection with Graphjet and…

AI Transportation Acquisition Corp announced that it priced its initial public offering of 6,000,000 units at $10.00 per unit. The company intends to use the net proceeds to acquire a business focused in the AI transportation industry, specifically on logistics, new energy vehicles, smart parking, on-board chips, AI algorithms, automotive services, and other types of…

OneMedNet Corporation, the leading curator of regulatory-grade Imaging Real World Data announced yesterday that it has completed its previously announced business combination with Data Knights Acquisition Corp. The business combination was approved at a special meeting of Data Knights’ stockholders and the combined company now operates as OneMedNet Corporation (“OneMedNet”). Beginning today,  OneMedNet’s shares of…

Rimon is proud to announce Partner Debbie Klis has been recognized as one of the Top 15 Corporate Attorneys of 2023 by EB5 Investors Magazine. EB5 Investors Magazine is pleased to announce the Top 15 Corporate Attorneys. To be eligible, distinguished attorneys needed to primarily draft offering documents for EB-5 financing. Read more here. Congratulations,…

Authored by Debbie Klis with contributions from Nicole Kalajian and Robin Powers. On August 23, 2023, the Securities and Exchange Commission (“SEC”) issued new final rules that impose significant new requirements on private fund advisers (the “Rules”). [1] The Rules impose limits on awarding preferential rights to certain investors, as well as mandating new disclosure,…