BRIEF-Bestpath Enters Into Definitive Merger Agreement With Aquaron Acquisition Corp

* AQUARON ACQUISITION- PROPOSED DEAL VALUES COMBINED CO ON CLOSE AT IMPLIED PRO FORMA PRE-MONEY ENTERPRISE VALUE OF ABOUT $1.2 BILLION AT PRICE OF $10/SHARE * AQUARON - CO, BESTPATH (SHANGHAI) IOT TECHNOLOGY ENTERED MERGER AGREEMENT THAT WILL SEE BESTPATH OPERATE UNDER HOLDING ENTITY NAMED BESTPATH GROUP LTD * AQUARON ACQUISITION CORP - BESTPATH GROUP LIMITED PLANS TO TRADE ON NASDAQ STOCK MARKET * AQUARON ACQUISITION - UPON CLOSING, CURRENT SHAREHOLDERS OF BESTPATH WILL RETAIN MAJORITY OF OUTSTANDING SHARES OF COMBINED CO Source text for Eikon: Further company coverage:

Aquaron Acquisition Corp: * BESTPATH ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH AQUARON ACQUISITION CORP. (NASDAQ: AQU)

* AQUARON ACQUISITION CORP - PROPOSED DEAL FOR INITIAL EQUITY VALUE OF APPROXIMATELY $1.2 BILLION. * AQUARON ACQUISITION- PROPOSED DEAL VALUES COMBINED CO ON CLOSE AT IMPLIED PRO FORMA PRE-MONEY ENTERPRISE VALUE OF ABOUT $1.2 BILLION AT PRICE OF $10/SHARE

* AQUARON - CO, BESTPATH (SHANGHAI) IOT TECHNOLOGY ENTERED MERGER AGREEMENT THAT WILL SEE BESTPATH OPERATE UNDER HOLDING ENTITY NAMED BESTPATH GROUP LTD * AQUARON ACQUISITION CORP - BESTPATH GROUP LIMITED PLANS TO TRADE ON NASDAQ STOCK MARKET

* AQUARON ACQUISITION - UPON CLOSING, CURRENT SHAREHOLDERS OF BESTPATH WILL RETAIN MAJORITY OF OUTSTANDING SHARES OF COMBINED CO Source text for Eikon: Further company coverage: