New Providence Acquisition II Pursues Second Extension Amendment to Charter

New Providence Acquisition II in a proxy filing seeks shareholder approval to extend its deadline again, this time up to Nov. 9 from the current May 9 completion date. The first charter amendendment to push back the deadline by a year was approved by shareholders in May 2023.

New Providence II originally raised $225 million in a November 2021 IPO to target companies in the consumer sector. The preliminary proxy on the latest extension proposal does not state how much cash remains in the SPAC’s trust. New Providence II has yet to announce a deal. Read more.

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