Chavant Capital Acquisition in a regulatory filing called for a shareholderr meeting to vote on a proposed merger deadline extension. The SPAC wants to push the termination date back from July 22 until Jan. 22 next year.
No other business is planned for the meeting. A date has not yet been set.
The SPAC raised $80 million in a July 2021 IPO. Chavant Capital is focused on targets in the advanced manufacturing and advanced materials technology sectors.
Chavant is led by CEO amd President Dr. Jiong Ma, who is a venture partner at VC firm Braemar Energy Ventures. Read more.