Corner Growth Postpones Shareholder Meeting 2nd Time to Solicit Redemption Reversals

Corner Growth Acquisition in an 8-K filing today said it is once again postponing its shareholders meeting, which will now be held tomorrow. A meeting scheduled for Friday was postponed until today, then postponed again.

The SPAC said it needs additional time to engage with its stockholders and solicit redemption reversals.

The purpose of the meeting is to ask shareholders to vote for a merger deadline extension, from Dec. 21 to June 21, 2023. The SPAC so far has not disclosed redemption amounts.

Corner Growth raised $350 million two years ago this month to target “early-growth stage technology companies that could grow into global category leaders.” Read more.

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Source: Corner Growth Postpones Shareholder Meeting 2nd Time to Solicit Redemption Reversals