Merger Termination

Amcomri invests in small and medium sized British specialist engineering and quality manufacturing businesses.

The SPAC had postponed a shareholder vote on the Cognos Theapetics deal four times since January to solicit proxies.

As of last June, H2B2 was expecting to post a net loss of $16.6 million in fiscal 2023 on revenues of $15.8 million, according to estimates contained in a proxy filed by RMG III.

Boa Gold focuses on mining operations in Brazil.

The SPAC said it called off the deal because EVIE Group had failed to provide a loan to the SPAC as required by the merger agreement.

The deal was announced in December 2022.

Swiftmerge has a March 15 deadline to complete a deal. The SPAC in the regulatory filing did not say what its next move would be.

This follows news that the the SPAC would be delisted from the Nasdaq.

The announcement comes less than a day after Filament cancelled its own shareholder meeting to make material changes to the now-terminated deal.

The SPAC said it intends to identify another target business.