Greencity Acquisition Shareholders Grant 9th Extension

Deadline

Greencity Acquisition shareholders gave the SPAc a green light for another extension on its deadline, which now expires April 28, 2023. The sponsor has already poured more than $1 million into Greencity’s trust for previous extensions.

The SPAC in a press release said the holders of 3,506,907 of the company’s ordinary shares, constituting 100% of ordinary shares present, voted in favor of the extension. 

The Shanghai-based SPAC is focused on businesses that have a connection to the Asian market. Read more.

Total
0
Shares
Related Posts
Northern Star Acquisition
Read More

Northern Star Stockholders Approve $1.6B BARK Merger

The combined company would have an enterprise value of approximately $1.6 billion, including debt. BARK expects to receive up to $454 million in cash at closing, assuming there were no redemptions by Northern Star’s stockholders. The amount includes an upsized fully-committed $200 million PIPE.