Prime Impact Acquisition I in an 8-K today said its sponsor deposited $373,679.24 (5.5 cents a share) into the SPAC’s trust. The deposit grants the company it second extension on closing a business combination — from today to Jan. 13, 2023.
Prime Impact I has not given any indication that it has a deal or even discussions of a potential deal in the pipeline.
The SPAC raised $300 million in an IPO two years ago, with plans to target a company engaged in the data-centric economy. Read more.
