Golden Star Acquisition said today’s shareholder meeting, which was rescheduled from Feb. 27, has now been pushed to March 4 “to allow additional time for the company to engage with its shareholders.”
The SPAC is offering to deposit the lesser of $50,000 or 3.3 cents a share into trust for each month required up to February 2025. Earlier this week, Golden Star offered to sweeten the proposal with an “additional extension fee,” which would add another $20,000 a month to the trust.
Golden Star in September announced a merger agreement with Gamehaus, a mobile game publishing company, at a post-combination enterprise value of $500 million. Read more.
Source: Golden Star Acquisition Again Postpones Vote on Reducing Monthly Trust Contributions