Consumer brand-focused SPAC bleuacacia Ltd. in an 8-K said its Dec. 28 shareholder meeting to consider a deadline extension has been postponed to Jan. 2.
The SPAC wants to push its deadline from February to Nov. 22, 2024.
The SPAC earlier this month said its sponsor has received and is considering a number of offers for the purchase of a portion of its ownership interest in the blank-check company.
bleuacacia raised $240 million in a November 2021 IPO. The SPAC has said its focus is specifically on “acquisitions of global high-growth premium consumer-facing brands that have a powerful emotional engagement with millennial and Gen-Z consumers.” Read more.
