Nocturne Acquisition in a preliminary proxy asks shareholders to extend its merger deadline from Oct. 5 until April 5, 2023.
The SPAC raised $100 million in a March 2021 IPO with plans at that time to focus on targets bringing to market disruptive technologies in the blockchain/crypto and artificial intelligence technology sectors.
The equity value of potential targets is expected to be in the $300 million to $1 billion range, Nocturne has said in earlier regulatory filings. Read more.