Acri Capital Acquisition Corporation Announces Extension Of The Deadline For An Initial Business Combination To October 14, 2024
Portfolio Pulse from Benzinga Newsdesk
Acri Capital Acquisition Corporation (NASDAQ:ACAC) has extended its deadline for completing an initial business combination to October 14, 2024, with a $50,000 payment from Foxx Development Inc. This extension is part of a monthly extension option available until January 14, 2025.
September 13, 2024 | 8:06 pm
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Acri Capital Acquisition Corporation has extended its deadline for completing a business combination to October 14, 2024, with a $50,000 payment from Foxx Development Inc. This extension provides more time for the SPAC to finalize its merger plans.
The extension of the deadline for Acri Capital Acquisition Corporation to complete its business combination provides the company with additional time to finalize its merger plans. This is a neutral event as it does not directly impact the stock price but indicates ongoing efforts to complete the business combination.
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