Gaming & Hospitality Acquisition in a regulatory filing said it will ask shareholders to approve moving up the SPAC’s termination deadline to from February 2023 to next month.
The SPAC expects to complete the mandatory redemption by Dec. 21 if stockholders approve the proposal. The last day of trading will be Dec. 15 if the measure wins approval.
The SPAC raised $200 million in a February 2021 IPO with plans to focus on regional gaming, distributed gaming, online gaming / sports betting and gaming technology and equipment. Read more.
