Class Acceleration Wants 5 Extra Months to do a Deal, with an Early Liquidation Option

Deadline

Class Acceleration in a preliminary proxy filed today asks shareholders for a merger deadline extension from January to June 2023. The SPAC further wants approval to liquidate early if management deems appropriate.

The SPAC raised $225 million in a January 2021 IPO with stated plans at the time to target companies in education technology. Read more.

Total
0
Shares
Related Posts