Battery Future Acquisition in an 8-K said it secured a non-redemption agreement covering 3,563,000 shares. The non-redeeming investors would receive 712,600 Class B shares for holding onto their stake through the SPAC’s upcoming deadline extension vote.
Battery Future is seeking a deadline extension to June 17, 2024. Last week it announced an NRA covering 750,000 shares.
The SPAC raised $300 million in a December 2021 IPO. Read more.
