Coming up on two years after its IPO, Globalink Investment filed a proxy seeking shareholder approval for another 12 months to find and complete a merger. The SPAC wants monthly extensions up to a new deadline of Dec. 9, 2024.
Globalink Investment in March terminated a deal with Tomorrow Crypto Group. That same month the SPAC lost nearly 59% of its trust value to redemptions in connection with an extension vote.
After raising $100 million in a December 2021 IPO, Globalink began pursuing targets in North America, Europe, South East Asia, and Asia (excluding China, Hong Kong and Macau) in the technology industry, specifically within the e-commerce and payments sectors. Read more.
