AIB Acquisition CorpAIB
AIB
Delisted
AIB was delisted on the 19th of May, 2024.
Financial journalist opinion
Neutral
GlobeNewsWire
9 months ago
PSI and AIB Acquisition Complete Business Combination
- PSI to Debut on Nasdaq on July 19, 2024 - PSI Ordinary Shares to Trade Under Ticker “PSIG” NEW YORK and HONG KONG, July 18, 2024 (GLOBE NEWSWIRE) -- PS International Group Ltd. (together with PSI Group Holdings Ltd and its operating subsidiaries, “PSI” or the “Company”), a long-established global logistics service provider headquartered in Hong Kong specialized in cross-border air freight services, and AIB Acquisition Corporation (Nasdaq: AIB) (“AIB”), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”).
Neutral
GlobeNewsWire
1 year ago
PSI Group, a Long-Established Global Logistics Service Provider, Plans to List on Nasdaq Through Merger with AIB Acquisition Corporation
New York and Hong Kong, Dec. 27, 2023 (GLOBE NEWSWIRE) -- PSI Group Holdings Ltd (“PSI” or the “Company”), a long-established global logistics service provider headquartered in Hong Kong specialized in cross-border air freight services, and AIB Acquisition Corporation (Nasdaq: AIB) (“AIB”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive agreement (the “Business Combination Agreement”) for a business combination of AIB and PSI (the “Business Combination”) on December 27, 2023. Upon closing of the proposed Business Combination, both AIB and PSI will become wholly-owned subsidiaries of a newly incorporated Cayman Islands company, PS International Group Ltd. (“Pubco”), and Pubco will be the combined company and expects to list its securities on the Nasdaq Stock Market.
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