26 Capital Lawsuit Targets Okada Manila SPAC Deal
Alexeiseman26 Jun, 2025Business
26 Capital has filed a lawsuit against entities linked to Okada Manila, alleging they failed to take necessary and timely actions to complete their planned SPAC merger. The legal move comes after prolonged delays and disputes surrounding the deal, which aimed to take the Philippine-based casino operator public. 26 Capital claims the defendants breached their obligations, effectively derailing the transaction and causing financial harm.
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