Jaws Juggernaut Acquisition in a proxy filing seeks shareholder approval to push its liquidation date back a year, to June 22, 2024.
The SPAC raised $240 million in an ipo almost two years ago with plans to focus on wireless communications and related technology/product/service businesses.
Jaws Juggernaut is led by Chairman barry sternlicht, who founded Starwood Capital in 1991 and currently serves as chairman and CEO. Starwood Capital is a private alternative investment firm focused on global real estate, hotel management, oil and gas, and energy infrastructure with over $73 billion of AUM. Read more.
Source: JAWS Juggernaut Acquisition Seeks Another Year