Noble Rock Acquisition Decreases Proposed Trust Deposit and Delays Vote on Extension

Noble Rock Acquisition

Noble Rock Acquisition in a proxy supplement said tomorrow’s shareholder meeting has been pushed back to Friday. The SPAC also said it is lowering the financial consideration for a monthly extension to 5.5 cents a share (or $100,000), down from 6 cents a share ($110,000).

Noble Rock raised $241.5 million in a February 2021 IPO to target a business in the software and tech-enabled services sectors, specifically companies with an aggregate enterprise value between $750 million and $3 billion. Read more.

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