Greencity Acquisition shareholders gave the SPAc a green light for another extension on its deadline, which now expires April 28, 2023. The sponsor has already poured more than $1 million into Greencity’s trust for previous extensions.
The SPAC in a press release said the holders of 3,506,907 of the company’s ordinary shares, constituting 100% of ordinary shares present, voted in favor of the extension.
The Shanghai-based SPAC is focused on businesses that have a connection to the Asian market. Read more.