Zalatoris Acquisition Pours $100K into Trust for Another Month

Zalatoris Acquisition in an 8-K said it deposited $100,000 into trust to extend its completion deadline by one month to April 14. This is the third of 10 available extensions.

Zalatoris has a deal to merge with Anteco Systems (dba AnyTech365) at a $220 million enterprise value. Founded in 2014 and based in Marbella, Spain, the develops powered IT security systems.

Redemptions ahead of the January extension vote removed 3,465,997 shares at $10.67 each, or approximately $37 million. Following the payout of redemptions, the SPAC had approximately $31.75 million in trust. Read more.

Source: Zalatoris Acquisition Pours 0K into Trust for Another Month