Nova Vision Acquisition said its sponsor has deposited $575,000 (10 cents per share) into the SPAC’s trust to secure a deadline extension from Aug. 10 to Nov. 10.
The promissory note is convertible into Nova Vision units at $10 each.
The Asia-focused SPAC raised $57.5 million in an IPO a year ago to target opportunities in the PropTech, FinTech, ConsumerTech, Supply Chain Management industries or technology companies that serve these or other sectors. Read more.