Tuscan II Wins Deadline Extension, May Wind Up Early, Anyway

Tuscan Holdings

Tuscan Holdings II announced today that its stockholders approved a proposal to extend the SPAC’s deadline for a business combination from April 16 to Sept. 30.

Stockholders also voted in favor of a proposal to approve the early winding up and redemption of 100 percent of the outstanding public shares if determined by the company’s board of directors.

The SPAC completed its $125 million IPO in July 2019. Read more.

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