Broad Capital Acquisition Asking Shareholders for 9-Month Extension

Broad Capital Acquisition in a proxy filing seeks a nin-month merger deadline extension from January to Otober 2023. In return,, the SPAC promises shareholders it will deposit 6.25 cents a share into trrust for each month necessary under the extension.

The SPAC raised $100 million in a January IPO to target companies. Read more.


Source: Broad Capital Acquisition Asking Shareholders for 9-Month Extension