Golden Arrow Merger in an 8-K said it has retained approximately $20 million in its trust account following the redemption deadline in connection with tomorrow's extension vote. The SPAC wants to move the deadline back to Dec. 19.
To date, 26,764,835 shares have been redeemed. Assuming no changes before the extension vote, if it is approved the SPAC will have 1,985,165 shares outstanding.
Shareholders may withdraw redemptions with the company's consent at any time until the vote is taken at 11 a.m. tomorrow.