Oak Woods Acquisition Corp

Oak Woods Acquisition Corporation (OAKU) has filed a definitive proxy statement for an Extraordinary General Meeting (EGM) to be held virtually on July 8, 2026. The primary purpose is to vote on extending the deadline to complete a business combination from March 28, 2026, to March 28, 2027. A second proposal concerns the adjournment of the meeting if necessary. Shareholders have the option to redeem their shares for their pro rata portion of the trust account, which held approximately $16.45 million as of June 16, 2026. The company's shares were delisted from Nasdaq in March 2026.

Oak Woods Acquisition Corporation (OAKU) announced the termination of its Merger Agreement and Plan of Reorganization with Huajin (China) Holdings Limited, originally signed on August 11, 2023. A settlement agreement was reached on March 15, 2026, allowing for the termination of the merger agreement and the revocation of related proxy solicitation materials. The termination became effective on April 16, 2026, with no fees or penalties incurred by either party.