S-4 Filing

If approved, the combined enterprise would receive approximately $117.5 million in cash.

The extension would allow the SPAC more time to complete the proposed deal with Blackstone Products, which manufactures high-end outdoor griddle cooking appliances and accessories.

The SPAC raised $175 million in a 2020 IPO to target companies in the consumer industry with enterprise valuations in the range of $200 million to $3.5 billion.

Focused on vertical TMT sectors, Americas Technology Acquisition raised $100 million in a December 2020 IPO.

Altitude has said it intends to focus on travel, travel technology and travel-related businesses with an enterprise value of $1 billion or more.

Announced in March, the deal calls for the combined company to receive gross proceeds of approximately $275 million.

This follows the SPAC's announcement earlier this week that its board now recommends shareholders oppose a previously announced deal with TradeZero.

The SPAC has said it expects to focus on the technology industry in the United States and other developed countries.

Announced in March, the transaction is expected to provide up to approximately $1.2 billion in gross proceeds.

As announced in December, terms of the deal call for the combined company to have approximately $195 million in cash on its balance sheet at closing.