Goldenbridge Acquisition Limited announced that AgiiPlus has deposited $575,000 into the SPAC’s trust account (approximately 10 centsw per share), to extend the merger deadline from March 4 until June 4.
AgiiPlus, a work solutions provider for rapid-change, quick-pivot enterprises in China and Singapore, entered into a definitive merger agreement with Goldenbridge in October.
The deal values the combined company at an estimated equity value on a pro-forma basis of approximately $578 million, assuming no redemptions from the SPAC’s trust. If approved, upon closing the combined company is expected to remain Nasdaq-listed under new ticker symbol AGII. Read more.
