Altitude Acquisition in a press release said it would postpone next Tuesday’s shareholder vote on a merger deadline extension by three days in order to solicit additional proxies. The vote is now scheduled for June 10. That’s cutting it close, as the SPAC’s termination date is June 11.
The SPAC also extended the redemption deadline until June 9.
The Atlanta-based SPAC raised $300 million in a December 2020 IPO with plans to focus on travel, travel technology and travel-related businesses with an enterprise value of at least $1 billion. Read more.
