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The vote allows VinFast, which began operating in 2019 and started delivering cars in California this year, to proceed with its two-year goal of going public in the U.S. where they aim to compete with established automakers and new startups.
The Securities and Exchange Commission approved VinFast’s merger filing with Black Spade last week. last month Black Spade held another extraordinary shareholder meeting to vote on its one-year lifespan extension.
Shares of BSAQ are up 1.5% in mid-day trading Thursday.
