Fintech Ecosystem Development in an amended proxy filing seeks a deadline extension from April 21 up to Oct. 21.
If approved, the SPAC’s sponsor would deposit the lesser of $66,000 or 3.3 cents a share for each month required.
Fintech Ecosystem has a pending deal with Mobitech International (dba Afinoz), at an implied $120 million enterprise value. The SPAC raised $100 million in an October 2021 IPO. Read more.
