OmniLit Acquisition in a preliminary proxy seeks an extension on its termination deadline, from Feb. 12 until Nov. 12, 2023.
The SPAC raised $143.75 million in a November 2021 IPO, with a 15-month deadline to close a merger. OmniLit at the time of its IPO said it was targeting businesses in the advanced manufacturing industry, with a focus on optics and photonics products, services, and end-markets.