Consumer-focused Pearl Holdings filed a proxy in which it seeks to extend its merger deadline from June 17 to June 2024.
The SPAC raised $175 million in a December 2021 IPO.
A separate proposal on the ballot would give the Pearl board to liquidate earlier.
Chairman and CEO Craig Barnett has been CEO of Meadow Lane since 2014 and its associated broker-dealer and predecessor entities.
The SPAC’s main focus is on a target business in global consumer-focused industries, including companies that participate in the lifestyle, technology, healthcare and wellness sectors. Read more.
