SOAR Technology Acquisition said it intends to extend its termination deadline by three months from Dec 20, 2022 to March 20, 2023. The SPAC’s sponsor will deposit $2.3 million into the trust account (10 cents a share) by Dec. 20.
SOAR raised $230 million in a September 2021 IPO. The SPAC is focused on businesses in the greater technology or tech-enabled industries. Read more.