{"id":20,"date":"2024-06-10T23:19:08","date_gmt":"2024-06-10T20:19:08","guid":{"rendered":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/10\/26-capital-and-ue-resorts-international-extend-merger-deadline-to-october-2023\/"},"modified":"2024-06-12T10:46:10","modified_gmt":"2024-06-12T07:46:10","slug":"26-capital-and-ue-resorts-international-extend-merger-deadline-to-october-2023","status":"publish","type":"post","link":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/10\/26-capital-and-ue-resorts-international-extend-merger-deadline-to-october-2023\/","title":{"rendered":"26 Capital and UE Resorts International Extend Merger Deadline to October 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/d-n4cYWGeIc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>26 Capital Acquisition Corp. and UE Resorts International (UERI) have mutually agreed to extend the termination date for their business combination.  This should not be interpreted as a cancellation, as both parties have reiterated their dedication to the transaction, initially revealed in October 2021. The companies are simply providing themselves additional time to finalize the details, shifting the deadline from October 1, 2022, to October 1, 2023.<\/p>\n<p>26 Capital stressed that this postponement demonstrates their commitment to ensuring a successful merger. They view this extra period as crucial for addressing outstanding matters and guaranteeing a seamless integration. The objective remains to complete the process as quickly as possible.<\/p>\n<p>The merger will enable UERI to become a publicly traded entity, with its shares and warrants listed on the Nasdaq stock exchange. This action is anticipated to be advantageous for both organizations, merging their respective strengths to establish a dominant force within the Asian gaming sector.<\/p>\n<p>Jason Ader, the Chairman and Chief Executive Officer of 26 Capital, conveyed his ongoing enthusiasm for the agreement, emphasizing the exceptional chance it offers investors to participate in one of the globe&#8217;s most rapidly expanding gaming markets. <\/p>\n<p>Universal Entertainment&#8217;s readiness to prolong the contract for an additional year demonstrates the dedication of both parties to finalize this amalgamation.&#8221;<\/p>\n<p>In May of the previous year, Kazuo Okada, the disgraced co-founder and former board member of the organization, orchestrated a forceful seizure of the Okada Manila resort property.  In the preceding month, Casino Inside released an exchange with Adelson in which he elaborated on Universal Entertainment&#8217;s reaction to the circumstances. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>26 Capital Acquisition Corp. and UE Resorts International (UERI) have mutually agreed to extend the termination date for their business combination. This should not be interpreted as a cancellation, as both parties have reiterated their dedication to the transaction, initially revealed in October 2021. The companies are simply providing themselves additional time to finalize the [&hellip;]<\/p>\n","protected":false},"author":80,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>26 Capital &amp; UERI Extend Merger Deadline, Reaffirm Commitment<\/title>\n<meta name=\"description\" content=\"26 Capital and UE Resorts International (UERI) have pushed back their merger deadline by a year, but both companies insist they are still dedicated to the deal. 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