Good Works II Acquisition Seeks 6-Month Extension to do a Deal

Deadline

Good Works II Acquisition in a preliminary proxy filing called an Oct. 11 meting for shareholders to vote on a merger deadline extension proposal that would give the SPACE until April 14, 2023 to complete a merger. No other business is planned for the meeting.

Good Works II raised $200 million in a July 20211 IPO with plans to target “high-growth companies that need significant capital because of disruptions related to COVID-19 or other high-quality businesses experiencing high-growth, including those as a result of recent advances in technology and increases in digitization and automaton in business and life in general.” The SPAC in its initial S-1 filing committed to donating 750,000 founders shares to non-profits. Read more.

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