HK Acquisition Corporation to acquire Synagistics for HKD3.5bn.

HK Acquisition Corporation, a special purpose acquisition company listed on the Hong Kong Stock Exchange, agreed to acquire Synagistics, a data-driven digital commerce solutions platform, via de-SPAC transaction for HKD3.5bn. The De-SPAC transaction will result in the business combination of the HK Acquisition Corporation with Synagistics whereby Synagistics will become subsidiary of the HK Acquisition and it will be listed as the Successor Company on the Stock Exchange.