Alpha Partners Technology Merger in an 8-K today said it has signed a non-binding letter-of-intent for a business combination with Glowforge, a manufacturer of 3D laser printers.
Under the terms of the LOI, existing Glowforge equity holders would roll 100% of their holdings into the combined company.
The SPAC said it expects to announce a definitive merger agreement in the fourth quarter.
Alpha Partners also filed a proxy seeking stockholder approval to extend its deadline from July 30 to July 30, 2024. The SPAC raised $250 million in an IPO two years ago. Read more.
