Tech SPAC two Pushes Back Extension Vote

Tech-focused SPAC two in an 8-K today said its shareholder meeting planned for Friday will now be held March 31. An extension vote is the main order of business, as the SPAC is facing an April 1 deadline.

The SPAC wants until January 2024 to do a deal.

The per-share redemption price is estimated to be $10.17. The SPAC has not offered to sweeten its trust in return for a favorable vote on the extension proposal.

Led by Kevin Hartz, co-founder of Eventbrite, two raised $200 million in an IPO two years ago. Read more.

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