Globalink Investment Extends Deadline To Complete A Business Combination To August 9, 2024
Portfolio Pulse from Benzinga Newsdesk
Globalink Investment Inc. (NASDAQ:GLLI) has extended its deadline to complete a business combination to August 9, 2024, by depositing $60,000 into its trust account. This marks the thirteenth extension since its IPO in December 2021.
July 05, 2024 | 8:19 pm
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Globalink Investment Inc. has extended its deadline to complete a business combination to August 9, 2024, by depositing $60,000 into its trust account. This is the thirteenth extension since its IPO.
The extension of the deadline to complete a business combination is a neutral event in the short term. It indicates that the company is still in the process of finding a suitable target, which may cause some uncertainty among investors. However, the deposit of $60,000 shows the company's commitment to completing the business combination.
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