Alberton Acquisition has filed an amended proxy on its proposed merger with SolarMax. A shareholder vote is still expected in 2021, but the latest filing does not list a specific date, only a placeholder.
Since the $300 million deal was announced in October, the SPAC has had to come back into compliance with the Nasdaq’s Public Holder Rule, as well as face scrutiny of the SolarMax deal by a New York law firm. Read more.