Rose Hill Acquisition announced the postponement of its shareholders meeting originally scheduled for today until Jan. 12 at 3 p.m. Eastern Time. No reason was given for the delay.
The main purpose of the meeting is to vote on a proposed merger deadline extension from Jan. 18 to July 18.
Rose Hill has also extended the redemption deadline in connection with the vote to 5 p.m. Eastern Time Jan. 10.
The SPAC has a merger agreement with Prize, an exporter of superfruits based in Chile. The combination has an initial enterprise value of approximately $425 million. Read more.
Source: Rose Hill Bumps Extension Vote to Next Week