VINFAST AND BLACK SPADE ACQUISITION CO COMPLETE BUSINESS COMBINATION

VinFast’s Ordinary Shares and Warrants to Begin Trading on the Nasdaq on August 15, 2023 under Ticker Symbols “VFS” and “VFSWW,” respectively. New York – August 14, 2023 – VinFast Auto Ltd. (“VinFast”) and Black Spade Acquisition Co (NYSE: BSAQ) (“Black Spade”) today announced the completion of their previously announced business combination (the “Business Combination”). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbols “VFS” and “VFSWW,” respectively, on August 15, 2023. The announcement of the completion of the Business Combination comes after Black Spade’s shareholders voted to approve the transaction on August 10, 2023. As a result of the Business Combination, Black Spade became a wholly owned subsidiary of VinFast and is expected to be delisted from the NYSE American LLC. Madame Thuy Le, Global CEO of VinFast Auto Ltd., said: “Becoming a U.S-listed company marks a significant milestone in VinFast’s global expansion. More than just transaction on the stock market, going public reflects a powerful vote of confidence in our vision and potential, as well as fulfills our pledge to make smart, safe and environmentally friendly electric…

VINFAST AND BLACK SPADE ACQUISITION CO ANNOUNCE APPROVAL OF BUSINESS COMBINATION BY BLACK SPADE’S SHAREHOLDERS

– VinFast and Black Spade Expect to Close the Business Combination on August 14, 2023. – VinFast’s Ordinary Shares and Warrants Expected to Begin Trading on the Nasdaq on or around August 15, 2023 under Ticker Symbols “VFS” and “VFSWW,” respectively. August 10, 2023 – VinFast Auto Ltd. (“VinFast”) and Black Spade Acquisition Co (NYSE: BSAQ) (“Black Spade”) today announced that their previously announced business combination (the “Business Combination”) was approved at an extraordinary general meeting (the “EGM”) of Black Spade’s shareholders on August 10, 2023. Complete official results of the vote will be included in a current report on Form 8-K to be filed by Black Spade with the U.S. Securities and Exchange Commission (the “SEC”). The Business Combination is expected to close on August 14, 2023. Upon such closing, VinFast will remain as the combined company, and its ordinary shares and warrants are expected to begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the new ticker symbols “VFS” and “VFSWW,” respectively, on or around August 15, 2023. Madame Thuy Le, Global CEO of VinFast Auto Ltd., said: “The voting results today are a vote of confidence in VinFast from Black Spade shareholders. I am proud of…