Helix Acquisition Corp. II (HLXB, Financial) and TheRas have successfully achieved a major milestone for their proposed merger. The U.S. Securities and Exchange Commission has approved the Form S-4 Registration Statement related to their planned business merger, which includes Helix, BBOT, and other involved parties.
An extraordinary general meeting for Helix shareholders concerning this merger is scheduled for August 4. Shareholders will receive a proxy statement and prospectus as of June 30, the designated record date. The completion of this merger is expected to take place in August 2025, assuming all required conditions are fulfilled by then.