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Update: Aimei Health Technology Shares Fall After Terminating Merger Deal With United Hydrogen

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(Updates with the latest stock price movement in the headline and the first paragraph.)

Aimei Health Technology (AFJK) shares fell about 50% on Thursday, a day after canceling its merger with United Hydrogen Group.

The company terminated its merger deal with United Hydrogen Group, effective immediately, as the companies failed to complete the transaction within the agreed timeframe, according to a Wednesday statement.

The merger was first announced in June 2024 and then amended in June 2025, Aimei Health Technology said.

Price: $13.35, Change: $-13.34, Percent Change: -49.97%

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