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MAK Acquisition Terminates Purchase Agreement With UniUni

MAK Acquisition Corp. says it delivered a notice terminating the purchase agreement with Uni Express Inc. and Jun Wei (Peter) Lu, dated May 15, 2026.

MAK.U

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01:07:32 PM UTC
SquawkNews
MAK Acquisition Corp. ended its purchase agreement with UniUni after an incurable breach tied to exceeding a maximum cumulative pre-tax loss; the qualifying acquisition will not proceed.Material DetailsContext by AI AnalystThis is a late-stage setback to MAK’s deSPAC process after a previously disc…