Target Global Acquisition I announced today that its board extended the SPAC’s completion deadline to June 8, which is the first of seven available monthly extensions. The company’s sponsor will deposit $90,000 into trust for the additional time.
Target Global I held about $43.3 million in the trust following an extension vote in December.
The SPAC originally raised $200 million in December 2021 with a broad focus on technology companies. Read more.
