Globalink Investment Inc. Announces Extension Of The Deadline To Complete a Business Combination To October 9, 2023
Portfolio Pulse from Happy Mohamed
Globalink Investment Inc. (NASDAQ:GLLI) has extended the deadline to complete its initial business combination from September 9, 2023 to October 9, 2023. This is the third of five extensions permitted under the company's governing documents. The company deposited $130,000 into its trust account with Continental Stock Transfer and Trust Company to facilitate this extension.
September 07, 2023 | 12:32 pm
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Globalink Investment Inc. has extended the deadline for its initial business combination, indicating potential delays in business operations or strategic plans.
The extension of the deadline for the business combination could indicate potential delays or complications in Globalink's strategic plans. However, it's also a common practice for SPACs to extend such deadlines. The impact on the stock price is uncertain in the short term.
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