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Announced

ICONIQ Holding to go public via a SPAC merger with East Stone Acquisition in a $2.5bn deal.

Synopsis

ICONIQ Holding, a green mobility technology company, agreed to go public via a SPAC merger with East Stone Acquisition, a blank cheque company, in a $2.5bn deal. “NWTN was born with a mission to bringing a passenger-centric green premium mobility solution to the world. To achieve this objective, our experienced international team and reputable strategic partners have been working relentlessly on our SPVs, a segment with remarkably untapped market potential where NWTN continues to lead," Alan Wu, ICONIQ Founder and Chairman.

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