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Aifeex Nexus Clarifies No Business Combination Yet, Urges Public to Rely on Official Communications Amid Misleading Reports

Benzinga·04/14/2025 10:04:41
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The following statement has been released by Aifeex Nexus Acquisition Corporation (NASDAQ:AIFEU, f/k/a Shepherd Ave Capital Acquisition Corporation)) (the "Company"), a special purpose acquisition company:

It has come to the Company's attention that unauthorized entities or individuals have issued social media posts and posted claims on websites suggesting that the Company has been acquired or is otherwise affiliated with other companies, has chosen a target to complete its business combination, or has completed the combination. These actors are capitalizing on a similarity in the Company's name to the name of other entities.

The Company wishes to make clear that the parties who made those statements are not (and have never been) affiliated with the Company in any capacity. The Company remains an independent and publicly traded company that is listed on Nasdaq. No other company owns, controls, or is affiliated with the Company unless formally disclosed through appropriate regulatory filings.

The Company also wishes to make clear that it is searching for a suitable target to complete its business combination. It has not identified a specific target or entered into any binding letter of intent or definitive agreement with any target.

We take the integrity of our brand, our communications, and our relationships with shareholders and partners very seriously. Out of an abundance of caution, we have taken steps to assess the situation thoroughly and are engaging legal counsel to evaluate appropriate actions.

We advise our stakeholders, partners, and the public to refer only to official communications from the Company and verified sources. The Company does not conduct any public solicitation regarding investment, fundraising or business combination opportunities through any print, online, social media, or other public platforms. The Company does not permit the use of our names, logos, or marks to any investment platforms or third parties and reserves the right to take all appropriate steps to protect its legal rights and reputation.

If you are considering purchasing securities in the Company, you may wish to consider consulting your broker or obtaining professional investment advice from a qualified investment advisor. If you have been targeted in a scheme such as the ones described above, please contact your local law enforcement office or local securities regulator.