Welsbach Technology Metals Acquisition Corp Extends Business Combination Deadline
Portfolio Pulse from Benzinga Newsdesk
Welsbach Technology Metals Acquisition Corp. (WTMA), a blank check company, has announced an extension of the deadline to complete a business combination until September 30, 2023. This is in accordance with Article G of the company's amended and restated certificate of incorporation.
August 29, 2023 | 10:18 am
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Welsbach Technology Metals Acquisition Corp. has extended the deadline for a business combination, which may impact the company's stock as investors adjust their expectations.
The extension of the deadline for a business combination could lead to uncertainty among investors, potentially impacting the stock price. However, the direction of the impact is unclear without additional information on the market's perception of this move.
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