noco-noco Pte. Ltd. and Prime Number Acquisition I Corp. Announce Plan for Closing of Business Combination on August 25, 2023

2023

noco-noco Pvt. Ltd. and Prime Number Acquisition I Corp. intend to finalize the merger on August 25, 2023.

2023 - Figure 1
Photo finance.yahoo.com

noco-noco Inc.'s stocks and options are set to begin trading on Nasdaq Capital Market on August 28, 2023.

noco-noco Pte. Ltd., a startup company dedicated to developing solutions for reducing carbon emissions and promoting the transition to a carbon-neutral economy, and Prime Number Acquisition I Corp., a blank check company based in Delaware, have revealed their intention to finalize the merger on August 25, 2023.

Once approved by Nasdaq, noco-noco Inc. ("noco-noco") plans to start trading its shares and warrants on the Nasdaq Capital Market with the ticker symbols "NCNC" and "NCNCW" on August 28, 2023, in the Eastern Time zone of the United States.

The merger was given the green light by PNAC's shareholders during a special gathering held on August 16, 2023.

noco-noco is a company that specializes in finding ways to reduce carbon dioxide emissions and promote the transition to a global economy that doesn't produce harmful greenhouse gases. They have created a technology called X-SEPA™ which can be used in batteries to make them last longer and withstand high temperatures. Additionally, noco-noco has a leasing platform that helps people access energy solutions that are clean, affordable, and sustainable. If you want to learn more about noco-noco, you can visit their website at www.noco-noco.com.

Prime Number Acquisition I Corp is a company dedicated to the procurement and acquisition of prime numbers.

Prime Number Acquisition I Corp. is a company that is created for the purpose of combining with one or more businesses or entities. It is commonly known as a special purpose acquisition company or SPAC. The company will not merge with any entity that is based in or primarily operates in China (including Hong Kong and Macau). None of the founders or the company itself are associated with Prime Number Capital LLC, which acted as an underwriter for the company's initial public offering (IPO).

This announcement includes statements about future plans and expectations that are based on the current beliefs and information available to noco-noco and PNAC. These statements use terms like "may," "will," "could," and "expect" to indicate potential future events or outcomes. They also mention the proposed business combination, its benefits and synergies, and information about the future operations of the combined company. However, it's important to note that these statements involve uncertainties and risks that could lead to different results than what is predicted. noco-noco and PNAC cannot guarantee the accuracy of these forward-looking statements, and there are factors like the approval of PNAC's stockholders and the impact of the COVID-19 pandemic that could affect the completion and success of the business combination. It's also important to consider that there may be additional unknown risks that could impact the actual outcomes. Therefore, these statements should not be seen as a guarantee of future success. While noco-noco and PNAC may update these statements in the future, there are no current plans to do so. It's important to avoid relying solely on these statements as the views of noco-noco and PNAC beyond the date of this announcement.

noco-noco Incorporation is located at 4 Shenton Way, SGX Centre 2 #04-06, Singapore 068807. You can reach out to us by sending an email to [email protected].

Prime Number Capital, LLC representing Prime Number Acquisition I Corp. contact person Xiaoyan Jiang, who holds the position of Chairwoman. You can reach out to us via email at [email protected].

Prime Number Acquisition I Corp. is known to be in the business of obtaining prime numbers.

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