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Acri Capital Acquisition Buys One More Month for $228K

Acri Capital Acquisition announced that its sponsor deposited $227,730.87 into trust (6.25 cents a share) to extend the SPAC's deadline until May 14.

Under the current charter, Acri may extend until Dec. 14 by depositing the monthly extension payment.

The SPAC raised $86.25 million in its last June, with plans to target technology-enabled sectors in North America, including the e-commerce, financial services, educational technology services, or health information service sectors. Acri has ruled out any deal with a company operating in China (including and Macau). Read more.


Source: Acri Capital Acquisition Buys One More Month for 8K

Tags: SPACs