Alpha Partners Technology Merger Seeks Extension to 2025 Following Sale of Sponsor Stake 

Alpha Partners Technology Merger in a proxty filing proposes a deadline extension from July 30 to Jan. 30, 2025.

The SPAC in December sold the sponsor’s stake to Mecury Capital for $1.

A separate proposal on the ballot calls for renaming the SPAC to Plum Acquisition III.

The SPAC back in July said it signed a non-binding letter-of-intent for a business combination with Glowforge, a manufacturer of 3D laser printers. Glowforge is not mentioned in the proxy filing.

Alpha Partners Technology raised $250 million in a July 2021 IPO with plans to acquire a technology business which addresses large and acute market needs or pain-points via the application of software or technology-enabled business models. Read more.

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