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SPAC 26 Capital Menangguhkan Penggabungan Okada Manila Setahun

Di tengah-tengah keretakan pemilikan yang berterusan antara pengasas Kazuo Okada dan Universal Entertainment, Okada Manila dan syarikat pemerolehan Data Keluaran SGP tujuan khas Jason Ader (SPAC) 26 Capital Acquisition Corp. (NASDAQ: ADER) menangguhkan rancangan penggabungan yang diumumkan sebelum ini setahun.

Okada Manila
Pusat peranginan bersepadu Okada Manila. Ia menangguhkan perjanjian SPACnya selama setahun. (Imej: Reuters )
Berita itu muncul hanya lebih dua minggu selepas Ader berkata beliau percaya firma cek kosongnya dan pengendali resort bersepadu Filipina boleh Keluaran Sydney melaksanakan transaksi itu sebelum akhir tahun ini, akhirnya menghasilkan penyenaraian Nasdaq untuk syarikat perjudian itu.

Per the terms of an amendment signed today (Sept. 30), UE Resorts International (UERI) and 26 Capital have both agreed to extend the date on which either party could terminate the transaction contemplated in the Agreement from October 1, 2022 until October 1, 2023,” according to a statement.

It’s been nearly a year since the SPAC and Okada Manila, the world’s only Japanese-owned integrated resort, announced merger plans in a deal valuing the casino operator at $2.6 billion. The transaction has been hamstrung by Kazuo Okada’s often forceful efforts, which included a brief physical takeover of the hotel earlier this year, to reclaim his spot at the company.

Okada, 80, and several counterparts today were charged by the Philippines Department of Justice with “grave coercion.”

Extension Different Cancellation
For ADER investors, it’s important to note that the SPAC isn’t dropping its bid to partner with Okada Manila. In fact, the blank-check company reiterated its commitment to the transaction.

“The extension of the termination date illustrates the commitment on the part of both parties to successfully close the merger transaction contemplated by the Agreement. The amendment will provide additional time to complete the transaction. Both parties remain dedicated to working to close the transaction as expeditiously as possible,” according to the statement.

Those comments are relevant because the gaming/SPAC landscape recently turned into a minefield. European lottery giant Allwyn Entertainment and SPAC Cohn Robbins Holdings (NYSE: CRHC) halted merger plans as just one example of the blank-check thaw in the wagering industry.

Additionally, Tekkorp Digital Acquisition (NASDAQ: TEKK) could dissolve if a unit of Playtech it’s working with can’t procure a mobile sports betting license in Illinois.

“I remain extremely excited about this transaction and the opportunity for our investors to participate in one of the fastest growing Asian gaming markets,” said Jason Ader, chairman and CEO of 26 Capital, in the statement. “That fact that Universal Entertainment is willing to extend the agreement by a year demonstrates the dedication of both parties to complete the merger.”

Tinjauan Okada Manila
Dengan mengandaikan Okada Manila akhirnya disenaraikan di Nasdaq, ia boleh menjadi permainan ekuiti permainan yang menarik. Sebagai permulaan, ia akan menjadi satu-satunya syarikat dagangan awam dalam industri yang hanya memiliki satu tempat.

Angka itu boleh berkembang dari masa ke masa, kerana Ader sebelum ini HK Prize Hari ini  menyatakan syarikat itu boleh menilai peluang pengembangan di Jepun dan New York.

Okada Manila juga menawarkan potensi faedah kepada pelabur dengan cara berada di salah satu pasaran permainan yang paling pesat berkembang di rantau Asia-Pasifik, dan dalam pasaran yang tidak perlu menjawab kepada Beijing, begitu juga Macau.