Northern Star Investment II in a regulatory filing said its shareholder vote on a deadline extension has been postponed again — this time until today at 5 p.m. Yesterday’s planned vote follows an earlier adjourment on Dec. 22.
The SPAC in its latest 8-K filing said it will use the extra time to solicit redemption reversals. Northern Star II faces a Jan. 28 termination deadline and wants to push that back to July.
The SPAC in the last week has secured non-redemption agreements for 520,391 shares, according to the filing.
Apex Fintech Solutions in December 2021 called off a merger deal with the SPAC. The merged companies were valued at $4.7 billion. Read more.
Source: Northern Star II Postpones Extension Vote Again