Feutune Light Acquisition Corporation Announces Extension Of The Deadline For An Initial Business Combination To November 21, 2023
Portfolio Pulse from Benzinga Newsdesk
Feutune Light Acquisition Corporation (NASDAQ:FLFV) has extended the deadline for its initial business combination from October 21, 2023 to November 21, 2023. To facilitate this, $100,000 has been deposited into the company's trust account. The company can extend the deadline on a monthly basis until March 21, 2024 by depositing $100,000 for each month into the Trust Account.
October 20, 2023 | 7:35 pm
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Feutune Light Acquisition Corporation has extended its initial business combination deadline, which may indicate a delay in the company's strategic plans. This could potentially impact investor sentiment.
The extension of the deadline for the initial business combination could indicate a delay in the company's strategic plans. While this does not necessarily mean a negative impact, it could potentially affect investor sentiment and the company's stock price in the short term.
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