Liberty Resources Acquisition in a proxy filing seeks shareholder approval for another deal extension, this time until February 2024, to complete a proposed combination with Caspi Oil Gas.
If the extension is approved, the SPAC's sponsor would deposit the lesser of $150,000 or 5 cents a share into trust.
Malaysia-based Liberty Resources in August inked a deal with Markmore energy Limited to take public its subsidiary Caspi Oil Gas. The transaction represents a proforma enterprise value of $427.7 million for Caspi. Read more.
Source: Liberty Resources Acquisition Files Proxy for Another Extension on Caspi Deal