Malaysia-based Liberty entered into a business combination with Caspi in December. Through a restructuring, the combined company would become the resultant amalgamated parent company and is expected to continue a listing on the nasdaq.
The SPAC earlier this week filed a proxy for another extension to complete the deal. The SPAC is asking shareholders to push the deadline back to February 2024.
The transaction represents a proforma enterprise value of $427.7 million for Caspi. Read more.