AI TRANSPORTATION ACQUISITION CORP ANNOUNCES TERMINATION OF BUSINESS COMBINATION AGREEMENT WITH AMERICAN METALS LLC
1. AITR's merger agreement with American Metals LLC has been terminated. 2. The decision was made effective November 27, 2024. 3. AITR is now seeking alternative merger opportunities in various sectors. 4. Previous plans included focusing on transportation and new energy sectors. 5. No new business combination target has been selected yet.