HUTURE to go public via a SPAC merger with Aquaron Acquisition in a $1bn deal.

HUTURE, a hydrogen fuel cell powered vehicles manufacturer, agreed to go public via a SPAC merger with Aquaron Acquisition, a blank check company, in a $1bn deal. "We are excited to announce this important milestone for HUTURE. This transaction will enable us to accelerate our growth strategy, expand our market presence, and enhance our ability to deliver comprehensive solutions to customers in the hydrogen-powered vehicle market. With our core expertise in research and development, manufacturing, and sales of hydrogen- powered vehicles, we are well positioned to capitalize on the growing demand for environmentally-friendly transportation solutions. We look forward to working closely with our new partners and investors to achieve our long-term goals," Weishan Chen, HUTURE Founder and Chairman.