Chain Bridge I in a proxy filing plans to call a shareholder meetign for a vote on extending the SPAc’s termination date to Nov. 15. The current deadline is coming up in mid-May.
Chain Bridge I said it has signed a non-binding letter of intent with a potential merger partner, but offered no specifics.
Following a November 2021 IPO of $200 million, the SPAC has been targeting companies engaged in the support of US national security. Chain Bridge I was launched by the CIA’s venture capital arm, In-Q-Tel. Read more.
