Good Works Acquisition II plans to ask shareholders for a deadline extension from Oct. 14 until April 14, 2023, according to a preliminary proxy filing.
SPAC management said they are “currently in discussions regarding various business combination opportunities,” but require more time to close a deal.
The SPAC raised $200 million in a July 2021 IPO to target high-growth companies that need significant capital because of disruptions related to COVID-19 or other high-quality businesses experiencing high-growth. Read more.