EVe Mobility Acquisition announced today that its board decided to extend the SPAC’s completion date from May 17 to June 17. This is the final of six one-month extensions available to EVe.
The SPAC has filed a proxy proposing additional time to complete a deal.
EVe Mobility is asking shareholders to vote for an extension from June 17 to Dec. 17, plus the option, without another shareholder vote, for the SPAC’s board to extend further up to June 2025.
EVe originally raised $220 million in a December 2021 IPO to focus on the mobility-related ecosystem. It has yet to announce a deal.
The SPAC in February sold its sponsor stake to BluFire Capital, , an Abu Dhabi private company. Read more.
