- Business
- TMT Acquisition Corp operated as a special purpose acquisition company. Its primary mission involved executing a merger, share exchange, asset acquisition, or similar business combination with one or more enterprises, notably targeting opportunities across Asia. The company successfully fulfilled this objective by completing a merger with eLong Power Holding Limited, an entity specializing in high-power battery technologies for commercial electric vehicles and energy storage solutions. Following the closing of this transaction on November 21, 2024, the shares of TMT Acquisition Corp were delisted, and the combined public company began trading under the new ticker symbol ELPW. TMT Acquisition Corp was established in 2021 and maintained its operations from New York, New York.