Recent Updates — EMCGF

Embrace Change Acquisition Corp. terminated its merger agreement with Tianji Tire Global (Cayman) Limited on September 10, 2026, following a termination notice received from the target company. The termination was executed pursuant to Section 11.1(d)(i) of the Merger Agreement, which allowed either party to terminate if the merger had not been consummated by the August 12, 2026 outside date. This transaction involved Embrace Change Acquisition Corp., a SPAC focused on identifying and merging with private companies.