DHC Acquisition in a proxy filing called a Nov. 30 meeting for shareholders to vote on an extension proposal that would give the SPAC until May 4, 2024 to complete a deal.
The blank-check firm in September announced a merger agreement with Brand Engagement Network (BEN) at a pro-forma enterprise value of $358 million.
Existing BEN shareholders are expected to roll 100% of their equity, and will own about 63% of the fully diluted shares of the combined company. Read more.
