Oxbridge Acquisition said its shareholder meeting originally scheduled for Aug. 4 has been postponed to Monday Aug. 7 at 4 p.m. Eastern. At the meeting, stockholders are expected to vote on Oxbridge’s proposed business combination with Jet Token.
The redemption dealine is now set for today at 5 p.m. Eastern.
Oxbridge currently holds just over $13 million in trust after raising $115 million in an IPO nearly two years ago.
The Jet Token deal was valued at $45 million when annunced in February. The target is a private aviation booking and membership platform that supports fractional aircraft ownership. Read more.
