Fat Projects Acquisition Corp Class A Ordinary Share

FATP

Market cap $38M

SINGAPORE, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“ FATP ” or the “ Company ”), a special purpose acquisition company, announced that it has terminated its Business Combination Agreement with Avanseus Holdings Pte. Ltd. (“ Avanseus ”) and that it did not extend the deadline to complete its initial business combination to November 15, 2023 therefore it will dissolve and liquidate. Four of its non-management directors and its president and chief operating officer have resigned.