Acri Capital Acquisition Corporation Unit - ACACU STOCK NEWS

Acri Capital Acquisition (Nasdaq: ACAC) announced that stockholders have approved its business combination with Foxx Development Inc., a consumer electronics and IoT solutions company. The special meeting saw 96.9% of votes cast in favor of the merger. The combined entity will be renamed Foxx Development Holdings Inc. and is expected to trade on Nasdaq under the symbols FOXX and FOXXW for common stock and warrants, respectively. The transaction is anticipated to close within the next month, subject to satisfying closing conditions. This merger marks a significant step for both companies, potentially creating synergies in the consumer electronics and IoT sectors.

Acri Capital Acquisition (Nasdaq: ACAC), a special purpose acquisition company, announced an extension of the deadline for its initial business combination from July 14, 2024, to August 14, 2024. To facilitate this extension, Acri Capital Sponsor has deposited $50,000 into the company's trust account. According to the company's Amended and Restated Certificate of Incorporation, Acri Capital can extend the deadline on a monthly basis by making similar payments until January 14, 2025, or an earlier date as determined by its board. This extension allows Acri Capital additional time to finalize its business combination plans.

Acri Capital Acquisition (Nasdaq: ACAC), a special purpose acquisition company, announced an extension of its deadline for completing an initial business combination from June 14, 2024, to July 14, 2024.

This extension was made possible by a deposit of $50,000 into the company's trust account by Acri Capital Sponsor

Per the company's amended certificate, monthly extensions can continue until January 14, 2025, or an earlier date as decided by the board, with a $50,000 deposit required each month.

Acri Capital Acquisition has extended the deadline for its initial business combination from May 14, 2024 to June 14, 2024 by depositing $50,000 into its trust account. The company can continue extending the deadline monthly until January 14, 2025 or an earlier date as decided by its board.

Acri Capital Acquisition (Nasdaq: ACAC) announced a proposed business combination with Foxx Development Inc., a Texas-based consumer electronics and IoT company. PubCo submitted a draft Registration Statement to the SEC on April 5, 2024, outlining details of the Transaction.

Acri Capital Acquisition Corporation (ACAC) extends business combination deadline by a month by depositing $75,000 into the Trust Account, allowing more time for potential mergers or acquisitions.

Acri Capital Acquisition Corporation (ACAC) and Foxx Development Inc. announced a definitive business combination agreement to create a publicly listed company on Nasdaq. Foxx, a consumer electronics and IoT solutions company, will merge with Acri, with key terms including a $50 million merger consideration and potential issuance of up to 4.2 million shares based on financial performance milestones. The transaction is expected to close in Q2 2024.

Acri Capital Acquisition Corporation (ACAC) extends the deadline for its initial business combination by a month by depositing $75,000 into the Trust Account. The extension allows the company to complete its business combination by March 14, 2024, as per its Amended and Restated Certificate of Incorporate.

Acri Capital Acquisition Corporation (ACAC) has announced an extension of the date to complete its initial business combination from January 14, 2024, to February 14, 2024. The company's sponsor, Acri Capital Sponsor LLC, has deposited $75,000 into its trust account for the extension. The company has the option to extend on a monthly basis until April 14, 2024, to complete a business combination.