Plutonian Acquisition Eyes 1-Year Extension

Plutonian Acquisition in a proxy filing seeks shareholder approval to move its deadline back as far as Aug. 15, 2024 in three-month blocks.

The SPAC is searching for a target business engaged in metaverse technologies, tourism and e-commerce related industries in the Asia-Pacific, or APAC, region after raising $57.5 million in a November 2022 IPO.

Chairman, President and CEO Wei Kwang Ng is an independent director of Redwoods Acquisition, which raised $100 million in April to target carbon neutral and energy companies. He is also assistant vice president of Singapore Post Ltd. Read more.

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Thoma Bravo Prices $900M IPO

Thoma Bravo will seek to partner with a “market-leading, fast-growing software franchise with high-quality and recurring revenue streams in a fragmented market, and that offers attractive organic and inorganic growth opportunities,” the company said in the initial S-1 filing last month.