SCP & CO Healthcare Acquisition in a proxy filing seeks shareholder support to move up its termination date from January 2023 to no later than Dec. 30 of this year.
Management in the filing said it would not be feasible for the company to complete a deal by the original termination date.
The SPAC holds approximately $232.2 million in trust.
Following its January 2021 IPO, the SPAC had planned to target a business in the digital healthcare industry. Read more.