Plutonian Acquisition Eyes 1-Year Extension

Plutonian Acquisition in a proxy filing seeks shareholder approval to move its deadline back as far as Aug. 15, 2024 in three-month blocks.

The SPAC is searching for a target business engaged in metaverse technologies, tourism and e-commerce related industries in the -Pacific, or APAC, region after raising $57.5 million in a November 2022 IPO.

Chairman, President and CEO Wei Kwang Ng is an independent director of Redwoods Acquisition, which raised $100 million in April to target carbon neutral and energy companies. He is also assistant vice president of Post Ltd. Read more.

Source: Plutonian Acquisition Eyes 1-Year Extension