Metal Sky Star Acquisition Corporation Unit

Metal Sky Star Acquisition Corporation received a notice from Nasdaq stating that its failure to timely file its quarterly report and maintain the required number of public holders could result in the delisting of its securities. The company plans to address these deficiencies before the scheduled hearing.

Related tickers: MSSA, MSSAR, MSSAU, MSSAW.

SINGAPORE and NEW YORK, April 12, 2023 (GLOBE NEWSWIRE) -- Future Dao Group Holding Limited ("Future Dao"), a blockchain company with a focus on bitcoin mining, and Metal Sky Star Acquisition Corporation (Nasdaq: MSSA) ("MSSA"), a blank check company formed for the purpose of acquiring one or more businesses or entities, announced today that they have entered into a definitive merger agreement (the “Merger Agreement”). As contemplated by the Merger Agreement, following the closing of the merger (the “Proposed Transaction”), Future Dao will operate through a publicly-traded holding company listed on the Nasdaq Stock Market.

Related tickers: MSSAU, MSSA.