{"id":751831,"date":"2023-04-26T20:00:13","date_gmt":"2023-04-27T00:00:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\/"},"modified":"2023-04-26T20:00:13","modified_gmt":"2023-04-27T00:00:13","slug":"evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\/","title":{"rendered":"Evo Acquisition Corp. Announces Termination of Business Combination Agreement with 20Cube Logistics Pte. Ltd."},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Crystal Bay, Nevada, April  26, 2023  (GLOBE NEWSWIRE) &#8212;  Evo Acquisition Corp. (\u201cEvo\u201d) (Nasdaq: EVOJ) announced, announced today that Evo, 20Cube Logistics Solutions Pte. Ltd., Hollis Merger Sub, Inc., 20Cube Logistics Pte. Ltd. and certain holders of outstanding shares of 20Cube Logistics Pte. Ltd. have mutually agreed to terminate their previously announced business combination agreement, effective as of April 25, 2023.<\/p>\n<p align=\"justify\">The business combination agreement was signed on October 18, 2022. The parties have signed an agreement terminating the business combination agreement on mutually acceptable terms, which also makes void the ancillary documents. <br \/>\u00a0\u00a0<br \/><strong>Additional Information and Where to Find It<\/strong><\/p>\n<p align=\"justify\">Copies of the termination agreement filed by Evo with the SEC may be obtained, once available, free of charge at the SEC\u2019s website at www.sec.gov.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements made in this press release and the documents incorporated by reference herein are \u201cforward looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: \u201ctarget\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201cwill\u201d, \u201cshall\u201d, \u201cmay\u201d, \u201canticipate\u201d, \u201cestimate\u201d, \u201cwould\u201d, \u201cpositioned\u201d, \u201cfuture\u201d, \u201cforecast\u201d, \u201cintend\u201d, \u201cplan\u201d, \u201cproject\u201d, \u201coutlook\u201d and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters.<\/p>\n<p align=\"justify\">Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Evo\u2019s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.<\/p>\n<p align=\"justify\">Evo cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Evo does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based, whether as a result of new information, future events, or otherwise, except as may be required by applicable law. Evo does give any assurance that it will achieve its expectations.<\/p>\n<p align=\"justify\">\n        <strong>Contacts<\/strong>\n      <\/p>\n<p align=\"justify\">Richard Chisholm<br \/>Chief Executive Officer<br \/>Evo Acquisition Corp.<br \/>info@evospac.com | (775) 624-9360\u00a0<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNjcwNSM1NTYwNjE2IzUwMDA3NzY0Ng==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NDVmZGNjMzAtNmU5MC00ZDU3LWE0YzgtOTE5YzY2YzNiMjdhLTUwMDA3NzY0Ng==\/tiny\/Evo-Acquisition-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crystal Bay, Nevada, April 26, 2023 (GLOBE NEWSWIRE) &#8212; Evo Acquisition Corp. (\u201cEvo\u201d) (Nasdaq: EVOJ) announced, announced today that Evo, 20Cube Logistics Solutions Pte. Ltd., Hollis Merger Sub, Inc., 20Cube Logistics Pte. Ltd. and certain holders of outstanding shares of 20Cube Logistics Pte. Ltd. have mutually agreed to terminate their previously announced business combination agreement, effective as of April 25, 2023. The business combination agreement was signed on October 18, 2022. The parties have signed an agreement terminating the business combination agreement on mutually acceptable terms, which also makes void the ancillary documents. \u00a0\u00a0Additional Information and Where to Find It Copies of the termination agreement filed by Evo with the SEC may be obtained, once available, free of charge at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Evo Acquisition Corp. Announces Termination of Business Combination Agreement with 20Cube Logistics Pte. Ltd.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-751831","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Evo Acquisition Corp. Announces Termination of Business Combination Agreement with 20Cube Logistics Pte. Ltd. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evo Acquisition Corp. Announces Termination of Business Combination Agreement with 20Cube Logistics Pte. Ltd. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Crystal Bay, Nevada, April 26, 2023 (GLOBE NEWSWIRE) &#8212; Evo Acquisition Corp. (\u201cEvo\u201d) (Nasdaq: EVOJ) announced, announced today that Evo, 20Cube Logistics Solutions Pte. Ltd., Hollis Merger Sub, Inc., 20Cube Logistics Pte. Ltd. and certain holders of outstanding shares of 20Cube Logistics Pte. Ltd. have mutually agreed to terminate their previously announced business combination agreement, effective as of April 25, 2023. The business combination agreement was signed on October 18, 2022. The parties have signed an agreement terminating the business combination agreement on mutually acceptable terms, which also makes void the ancillary documents. \u00a0\u00a0Additional Information and Where to Find It Copies of the termination agreement filed by Evo with the SEC may be obtained, once available, free of charge at &hellip; Continue reading &quot;Evo Acquisition Corp. Announces Termination of Business Combination Agreement with 20Cube Logistics Pte. Ltd.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-27T00:00:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNjcwNSM1NTYwNjE2IzUwMDA3NzY0Ng==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evo-acquisition-corp-announces-termination-of-business-combination-agreement-with-20cube-logistics-pte-ltd\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Evo Acquisition Corp. 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