CF Acquisition VII Pushes Extension Vote Back to June 16

CF Acquisition VII said tomorrow's shareholder meeting to vote on a deadline extension has been moved to June 16.

The SPAC wants to extend its completion date from June 20 March 20, 2024.

As a result of the postponement, the redemption deadline has been moved to June 14 at 5 p.m.

If the extension is approved, the SPAC's sponsor has agreed to deposits 3 cents per share into trust for each month required until the new deadline.

Cantor Fitzgerald's seventh SPAC raised $175 million in a December 2021 to pursue acquisition opportunities in the financial services, healthcare, services, technology, and software industries. Read more.


Source: CF Acquisition VII Pushes Extension Vote Back to June 16