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GLAC (Global Lights Acquisition Corp Ordinary Shares) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
GLAC does not currently pay a dividend.
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Global Lights Acquisition Corp is formed with the intention of executing a business combination through various methods, including mergers, share exchanges, asset acquisitions, equity purchases, or corporate reorganizations, involving one or more enterprises. The firm was established in 2021 and maintains its headquarters in Beijing, People's Republic of China.
NEW YORK , Jan. 23, 2025 /PRNewswire/ -- W Straits Limited ("W Straits"), a leading international fintech company, and Global Lights Acquisition Corp. ("GLAC") (NASDAQ: GLAC, GLACR and GLACU), a special purpose acquisition company whose securities are currently listed on The Nasdaq Stock Market LLC, today announced an update regarding their ongoing negotiations for a definitive agreement in connection with a potential business combination. W Straits and GLAC previously entered into a non-binding letter of intent on November 22, 2024, expressing their mutual interest in pursuing a business combination.
NEW YORK , Nov. 22, 2024 /PRNewswire/ -- W Straits Limited ("W Straits"), a leading international fintech company, and Global Lights Acquisition Corp. ("GLAC") (NASDAQ: GLAC, GLACR and GLACU), a special purpose acquisition company whose securities are currently listed on The Nasdaq Stock Market LLC, today announced the signing of a non-binding letter of intent for a potential business combination. Under the terms of the non-binding letter of intent, W Straits and GLAC would become a combined entity, with W Straits' existing shareholders exchanging their shares in W Straits for equity in the combined public company.
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Global Lights Acquisition Corp (NASDAQ: GLAC) (the "Company"), a blank check company incorporated in the Cayman Islands, today announced that it closed its initial public offering of 6,900,000 units at a price of $10.00 per unit, which includes the full exercise of the underwriter's over-allotment option. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading under the ticker symbol "GLAC" on November 14, 2023.