East Stone Acquisition Corporation Announces Filing and Mailing of Definitive Proxy Statement and November 7 Special Meeting to Approve Business Combination with NTWN Inc.

Burlington, MA and Dubai, UAE, Oct. 24, 2022 (GLOBE NEWSWIRE) --  East Stone Acquisition Corporation (Nasdaq: ESSC) ("East Stone"), a publicly traded special purpose acquisition company, and NTWN Inc. ("NWTN"), a smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world, today announced East Stone’s filing with the U.S. Securities Exchange Commission (the “SEC”) of a definitive merger proxy statement (the “Merger Proxy Statement”), to hold a special meeting in lieu of an annual meeting of its shareholders on November 7, 2022 at 9:00 am Eastern Time (the “Special Meeting”), to consummate its initial business combination with NWTN (the “Business Combination”). The Merger Proxy Statement and related materials are being delivered today to holders of record as of October 4, 2022.

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