CF Acquisition IV in a proxy filing set a Dec. 22 meeting for shareholders to vote on a termination extension until June 2023.
If approved, the SPAC’s sponsor would deposit the lesser of $500,000 or 4.5 cents a share into trust for each month of the extension.
CFIV raised $400 million in a December 2020 IPO. The SPAC is focused on financial services, healthcare, real estate services, technology and software companies. Read more.