Union Acquisition II Shareholders Approve Extension Deadline

Union Acquisition II

Union Acquisition II announced today that its shareholders approved an extension of SPAC’s deadline to complete an initial business combination from April 22 to Oct. 22. The extension gives the SPAC additional time to complete a deal with Procaps Group, an integrated international healthcare and pharmaceutical company. Annunced march 31, the $300 million transaction includes a $100 million PIPE .

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