Xiangji Global Announces Investment SLBT to List on Nasdaq

Xiangji Global Industrial Co., Ltd. announces that its investee company SL Bio Ltd. will list on Nasdaq as SL Science Holding Limited (SLBT) on June 15, 2026, via a SPAC merger.

📋 Article Processing Timeline

  • 📰 Published: June 13, 2026 at 09:00
  • 🔍 Collected: June 14, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 14, 2026 at 17:02 (2 min after Collected)
1. Date of Event: 2026/06/13

2. Company Name: Xiangji Global Industrial Co., Ltd.

3. Relationship with Company (Please enter '本公司' or 'Subsidiary'):本公司 (Parent Company)

4. Cross-shareholding Ratio: Not applicable

5. Reason for Occurrence:

SL Bio Ltd., in which the Company has invested, has completed a business combination with the special purpose acquisition company (SPAC) Horizon Space Acquisition II Corp. (Nasdaq: HSPT). Following the completion of the transaction, the combined entity will be listed on Nasdaq under the name SL Science Holding Limited with the ticker symbol SLBT, effective June 15, 2026 (Eastern Time).

6. Countermeasures: None

7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly listed company or above, this significant information also qualifies as a matter under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities and Exchange Act that significantly affects shareholders' rights or securities prices):

The Company currently holds 30,000 shares in SL Bio Ltd., which will be converted into 4,545,305 shares of SL Science Holding Limited (SLBT) upon listing.

FAQ

What is SLBT?

SLBT is the Nasdaq ticker for SL Science Holding Limited, formed via SPAC merger of SL Bio Ltd.

What role did Xiangji Global play?

As a strategic investor, it supported SL Bio's path to international listing.

What is a SPAC merger?

A faster上市 route where a private company merges with a shell corporation already listed.