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Aimfinity Investment Corp. I (OTC:AIMUF), a $56.17 million market cap blank check company currently trading at high earnings multiples according to InvestingPro data, announced this week that it has entered into a new securities purchase agreement involving Inkrock Holding Limited, according to a statement in a press release based on a recent SEC filing.
On October 6, the parties to a previous securities purchase agreement dated May 27, 2025, agreed to terminate that agreement. The original arrangement involved I-Fa Chang, CEO and Chairman of Aimfinity, agreeing to transfer all securities he holds in Inkrock to Aimfinity’s post-merger public entity (“PubCo”) in exchange for 687,054 ordinary shares of Aimfinity. As of this week, the transfer had not been completed.
On October 7, a new agreement was executed among Aimfinity, Inkrock, and I-Fa Chang. Under this new arrangement, the transfer of Inkrock securities to PubCo and the issuance of the 687,054 ordinary shares to I-Fa Chang will occur simultaneously with the closing of Aimfinity’s previously announced business combination with Docter Inc. The business combination, which involves a reincorporation and acquisition merger, was approved by shareholders on March 27, 2025.
The company noted that all parties to the May 27 agreement have been discharged from further obligations under that prior contract. Copies of the termination agreement and the new securities purchase agreement were filed as exhibits to the Form 8-K.
Aimfinity Investment Corp. I is a blank check company incorporated in the Cayman Islands and its securities trade on the OTC Market Group under the symbols AIMUF, AIMTF, and AIMWF.
This article is based on a press release statement and information disclosed in an SEC filing.
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