Isleworth Healthcare Acquisition in a preliminary proxy set an Aug. 26 meeting for shareholders to vote on the SPAC’s proposal to extend its merger deadline from Sept. 1 to as late as March 1, 2023.
Isleworth raised $180 million in a Februrary 2021 IPO. The SPAC earlier this month terminated a merger agreement with Cytovia Holdings that was valued at $602 million. At that time, management expressed uncertainty over whether to continue the pursuit of an altnernative business combination. Read more.