GoGreen SPAC Adds 3 Months to Seal Deal with Lifezone Metals

GoGreen Investments announced today that it issued a promissory note for up to $2.76 million (10 cents a share) to its sponsor for a deadline extension from April 25 to July 25. This is the last of two three-month extensions allowed under gthe company’s governing documents.

GoGreen has a merger deal pending with Lifezone Metals, a developer of cleaner battery metals.

Announced in December, the combined company would have an estimated post‐transaction equity value of approximately $1 billion with over $357 million in net cash, assuming no redemptions and $33 million in estimated transaction fees. The deal includes a $70 million PIPE. Read more.

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