JAWS Juggernaut Acquisition Seeks Another Year

Jaws Juggernaut Acquisition in a proxy filing seeks shareholder approval to push its liquidation date back a year, to June 22, 2024.

The SPAC raised $240 million in an IPO almost two years ago with plans to focus on wireless communications and related technology/product/service businesses.

Jaws Juggernaut is led by Chairman Barry Sternlicht, who founded Starwood Capital in 1991 and currently serves as chairman and CEO. Starwood Capital is a private alternative investment firm focused on global real estate, hotel management, oil and gas, and energy infrastructure with over $73 billion of AUM. Read more.

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