Learn CW Investment Extends The Period To Consummate Its Initial Business Combination To April 13, 2024
Portfolio Pulse from Benzinga Newsdesk
Learn CW Investment Corporation, a special purpose acquisition company, has extended the deadline for its initial business combination from March 13, 2024, to April 13, 2024. This is achieved by depositing $150,000 into its trust account, marking the sixth of up to twelve possible one-month extensions.
March 13, 2024 | 5:23 am
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Learn CW Investment Corporation extends its initial business combination deadline to April 13, 2024, by depositing $150,000 into its trust account.
The extension provides Learn CW Investment Corporation additional time to finalize its initial business combination, which could be viewed positively as it allows for more thorough due diligence and negotiation. However, frequent extensions might raise concerns about the company's ability to find a suitable target, potentially creating uncertainty among investors.
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