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Updated by Toji Takeuchi on Mar 10, 2025
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Philippines’ Okada Manila Challenges 26 Capital Merger Deal

Okada Manila, a leading integrated resort in the Philippines, has filed counterclaims against US-based SPAC firm 26 Capital Acquisition Corp. The move, supported by CEO Toji Takeuchi, seeks to terminate a planned merger that would have listed Okada Manila on the NASDAQ stock exchange.

Philippines’ Okada Manila Challenges 26 Capital Merger Deal

Okada Manila, a leading integrated resort in the Philippines, has filed counterclaims against US-based SPAC firm 26 Capital Acquisition Corp. The move, supported by CEO Toji Takeuchi, seeks to terminate a planned merger that would have listed Okada Manila on the NASDAQ stock exchange.

Okada Manila Parents Seek to Terminate Merger Over Fraud Claims

The parents of Okada Manila are looking to terminate their merger agreement with a SPAC partner aimed at a US listing. They accuse the partner of fraud and breaching US securities laws, claiming that the merger process involved deceptive practices, undermining their trust and future business prospects.

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Okada Manila Parents Seek to Terminate Merger Over Fraud Allegations

Okada Manila's parents are looking to terminate their merger agreement for a U.S. listing, accusing their SPAC partner of fraud and breaching U.S. securities laws. The legal dispute involves claims of misconduct, with key figures like Toji Takeuchi linked to the controversy. The case could impact future SPAC deals.

Okada Manila Parents Seek to End Merger, Accuse SPAC Partner of Fraud

Okada Manila's parent company aims to terminate its merger agreement for a U.S. listing, accusing its SPAC partner of fraud and breaching U.S. securities laws. The company, led by Toji Takeuchi, claims that the merger deal was undermined by illegal actions. This move marks a significant challenge in the ongoing partnership.

Okada Manila's parent company aims to terminate its merger agreement for a U.S. listing, accusing its SPAC partner of fraud and breaching U.S. securities laws. The company, led by Toji Takeuchi, claims that the merger deal was undermined by illegal actions. This move marks a significant challenge in

Okada Manila parents looking to terminate merger agreement for US listing, accuse SPAC partner of fraud and breaching...

Okada Manila's parents are looking to terminate their merger agreement with a SPAC partner for a US listing, accusing them of fraud and breaching US securities laws. The move includes allegations against Toji Takeuchi and raises questions about the future of the merger and the company's public listing efforts.

Okada Manila Parents Seek to End Merger with SPAC

Okada Manila's parents are moving to terminate their merger agreement with a SPAC for a US listing, accusing their partner of fraud and violating US securities laws. The allegations involve serious breaches, with key insights from Toji Takeuchi on the ongoing legal developments surrounding the deal.