Breeze Holdings Acquisition said today that its sponsor deposited $1.15 million, representing 10 cents a share, into the SPAC’s trust account to extend the deadline for completing a merger from Nov. 25 until Feb. 25.
Breeze raised $115 million in an IPO a year ago. The SPAC is focused on natural gas and fossil fuels, trading on the Nasdaq under BREZU. Read more.
Related Posts
EG Acquisition Prices Downsized $225M IPO
The SPAC will likely target transportation and real assets, financial services, financial services technology, healthcare, real estate, and sustainability-focused businesses.
Payoneer and FTAC Olympus Acquisition Complete $3.3B Deal
Following the reorganization, Payoneer is expected to have up to $563 million in cash.
Bill Foley’s Austerlitz Acquisition I and II Will Liquidate
Both SPACs had planned to target a fintech or a business information and business services.
Ackrell SPAC Partners I Receives $1.38M Loan From Merger Partner Blackstone to Extend Merger Deadline
The merger deal has a pro forma enterprise value of $900 million.