AGBA Acquisition in a definitive proxy filing asks shareholders to extend the deadline for the SPAC to complete a business combination from Feb. 16 to up to three additional three-month extensions through Nov. 16 if necessary.
The SPAC last November said it had entered into a non-binding term sheet for a business combination with companies that are part of Convoy Global Holdings, a Hong Kong-listed financial holding company. The definitive proxy does not mention that potential deal.
A vote on the deadline extension is set for Feb. 5. Read more.
