Globalink Investment Inc. Announces Extension Of The Deadline To Complete A Business Combination To June 9, 2024
Portfolio Pulse from Benzinga Newsdesk
Globalink Investment Inc. (NASDAQ:GLLI) has extended the deadline to complete its initial business combination to June 9, 2024, by depositing $60,000 into its Trust Account. This marks the eleventh extension since its IPO on December 9, 2021, and is the sixth of twelve permitted extensions.

May 06, 2024 | 8:31 pm
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Globalink Investment Inc. has extended its deadline for an initial business combination, indicating ongoing efforts to finalize a deal.
The extension of the deadline for completing a business combination may have a neutral to slightly positive impact on GLLI's stock price in the short term. It shows the company is actively working towards a deal, but also indicates that a suitable target has not yet been found. This uncertainty can lead to mixed reactions from investors.
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