EdtechX Holdings Acquisition Corp Ii Announced Wednesday An Amendment To Extend Date To Consummate A Business Combination From June 15, 2023 To December 15, 2023; Shares Up 31% Premarket
Portfolio Pulse from Charles Gross
EdtechX Holdings Acquisition Corp II announced an amendment to extend the date to consummate a business combination from June 15, 2023, to December 15, 2023. Shares of EDTX are up 31% in premarket trading.
June 15, 2023 | 9:18 am
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EdtechX Holdings Acquisition Corp II's shares are up 31% premarket after announcing an extension of the business combination deadline to December 15, 2023.
The extension of the business combination deadline provides EdtechX Holdings Acquisition Corp II with more time to finalize a deal, which is seen as a positive development by investors. This has led to a 31% increase in the company's share price in premarket trading, indicating a positive short-term impact on the stock.
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