IG Acquisition in a definitive proxy called a Sept. 29 meeting for shareholders to vote on an extension proposal that would push the SPACX’s merger deadline back to April 5 from Oct. 5.
The SPAC raised $30 million in a September 2020 IPO for the acquisition of a business in the leisure, gaming and hospitality industries that can benefit from their experience and differentiated global network. Since then, IG has secured loan capacity of up to $1 million from its sponsor for working capital. Read more.
