Crixus BH3 Acquisition in an 8-K said it will extend its termination deadline to Oct. 6 after announcing plans last month to liquidate.
The sponsor deposited $175,440.72 (3.5 cents a share) into trust as consideration for the extension.
The SPAC on Aug. 30 terminated a non-binding proposal for a potential business combination with an unnamed target, according to the 8-K.
Crixus BH3 raised $200 million in an October 2021 IPO to focus on businesses that manage, finance, operate, construct, control, own or support real estate. Redemptions erased 63% of the trust in January. Read more.
