ExcelFin Acquisition filed a proxy today in which it asks shareholders for an additional six months from its April 25 deadline to complete a business combination. No other business beyond an extension vote is to be conducted, according to the filing.
The fintech-focused SPAC raised $200 million in an October ipo.
ExcelFin is led by Chairwoman Jennifer Hill, who serves on the board of Cantor Fitzgerald europe, as a strategic advisor at Talos Trading, non-executive director at Santander Asset Management, board member at Melqart Asset Management and at La Crosse Milling Company. Hill is also the founder and CEO of Murphy Hill Consulting. Read more.
Source: ExcelFin Acquisition Wants Another 6 Months to Find & Seal a Deal