TS Innovation Adds $8M Private Placement to Trust

The SPAC is asking shareholders to approve a termination extension on its deadline from Sept. 27 to Jan. 12, 2024.

Additionally, the merger termination date was extended by three months to April 11, 2023.

The SPAC raised $402.5 million in a February 2021 IPO, and had been focused on businesses with “compelling long-term growth, attractive competitive dynamics, consolidation opportunities and low risk of technological obsolescence.”