Battery Future Acquistion said its shareholder meeting to vote on a deadline extension has been postponed a third time — to May 30. The SPAC said it was still engaging with shareholders in an effort to reverse redemptions and secure additional non-redemption agreements. The meeting was originally scheduled for May 17, postponed to the 21st, then delayed until May 24 when it was adjourned again.
The SPAC already has NRAs cover 2.65 million shares.
Battery Future on May 14 announced a $135 million deal with Class Over. The target, founded in 2020 and headquartered in New York, has emerged as a player in the educational technology sector, specializing in interactive online live courses for K-12 students both domestically and internationally. Read more.
