Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
Acri Capital Acquisition (Nasdaq: ACAC), a special purpose acquisition company, has announced an extension of its deadline for completing an initial business combination. The new deadline has been moved from September 14, 2024, to October 14, 2024.
To facilitate this extension, Foxx Development Inc., the target of the Company's business combination, has deposited $50,000 into the Company's trust account. This payment is part of the Company's provision allowing monthly extensions from April 14, 2024, until January 14, 2025, or an earlier date determined by the board.
The extension mechanism is outlined in the Company's Amended and Restated Certificate of Incorporation, which permits monthly extensions by depositing the required payment into the Trust Account for each additional month.
Acri Capital Acquisition (Nasdaq: ACAC), una società di acquisizione per scopi speciali, ha annunciato un'estensione della scadenza per completare una combinazione aziendale iniziale. La nuova scadenza è stata spostata dal 14 settembre 2024 al 14 ottobre 2024.
Per facilitare questa estensione, Foxx Development Inc., l'obiettivo della combinazione aziendale della Società, ha depositato $50,000 nel conto fiduciario della Società. Questo pagamento fa parte della disposizione della Società che consente estensioni mensili dal 14 aprile 2024 fino al 14 gennaio 2025, o a una data precedente determinata dal consiglio.
Il meccanismo di estensione è delineato nel Certificato di Incorporazione Amministrato e Ristampato della Società, che consente estensioni mensili depositando il pagamento richiesto nel Conto Fiduciario per ogni mese aggiuntivo.
Acri Capital Acquisition (Nasdaq: ACAC), una compañía de adquisición de propósito especial, ha anunciado una extensión de su plazo para completar una combinación empresarial inicial. La nueva fecha límite se ha movido del 14 de septiembre de 2024 al 14 de octubre de 2024.
Para facilitar esta extensión, Foxx Development Inc., el objetivo de la combinación empresarial de la Compañía, ha depositado $50,000 en la cuenta fiduciaria de la Compañía. Este pago es parte de la provisión de la Compañía que permite extensiones mensuales desde el 14 de abril de 2024 hasta el 14 de enero de 2025, o una fecha anterior determinada por la junta.
El mecanismo de extensión está delineado en el Certificado de Incorporación Modificado y Restituido de la Compañía, que permite extensiones mensuales al depositar el pago requerido en la Cuenta de Fideicomiso por cada mes adicional.
Acri Capital Acquisition (Nasdaq: ACAC), 특별 인수 목적 회사, 가 초기 사업 조합 완료를 위한 기한 연장을 발표했습니다. 새로운 기한은 2024년 9월 14일에서 2024년 10월 14일로 변경되었습니다.
이 연장을 용이하게 하기 위해 Foxx Development Inc., 회사의 사업 조합 대상이, $50,000을 회사의 신탁 계좌에 예치했습니다. 이 지급은 2024년 4월 14일부터 2025년 1월 14일까지의 월별 연장을 허용하는 회사의 조항의 일부입니다.
연장 메커니즘은 회사의 수정되고 재작성된 정관에 설명되어 있으며, 추가 월마다 신탁 계좌에 요구되는 지급금을 예치함으로써 월별 연장을 허용합니다.
Acri Capital Acquisition (Nasdaq: ACAC), une société d'acquisition à but spécial, a annoncé une prolongation de son délai pour finaliser une combinaison d'affaires initiale. Le nouveau délai a été déplacé du 14 septembre 2024 au 14 octobre 2024.
Pour faciliter cette prolongation, Foxx Development Inc., la cible de la combinaison d'affaires de la Société, a déposé $50 000 sur le compte fiduciaire de la Société. Ce paiement fait partie de la disposition de la Société permettant des prolongations mensuelles du 14 avril 2024 au 14 janvier 2025 ou à une date antérieure déterminée par le conseil d'administration.
Le mécanisme d'extension est décrit dans le Certificat de Constitution modifié et rétabli de la Société, qui permet des prolongations mensuelles en déposant le paiement requis sur le compte fiduciaire pour chaque mois supplémentaire.
Acri Capital Acquisition (Nasdaq: ACAC), ein Unternehmen zur Durchführung von übernahmebezogenen Akquisitionen, hat eine Verlängerung der Frist für den Abschluss einer ersten Geschäftskombination angekündigt. Die neue Frist wurde vom 14. September 2024 auf den 14. Oktober 2024 verschoben.
Um diese Verlängerung zu erleichtern, hat Foxx Development Inc., das Ziel der Geschäftskombination des Unternehmens, $50.000 auf das Treuhandkonto des Unternehmens eingezahlt. Diese Zahlung ist Teil der Bestimmungen des Unternehmens, die monatliche Verlängerungen vom 14. April 2024 bis zum 14. Januar 2025 oder bis zu einem früheren, vom Vorstand festgelegten Datum zulassen.
Der Verlängerungsmechanismus ist im geänderten und neu gefassten Gesellschaftsvertrag des Unternehmens beschrieben, der monatliche Verlängerungen durch Einzahlung des erforderlichen Betrags auf das Treuhandkonto für jeden zusätzlichen Monat erlaubt.
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Austin, Texas, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from September 14, 2024 to October 14, 2024, the Company received in its trust account (the “Trust Account”) an aggregate of
Pursuant to the Company’s Amended and Restated Certificate of Incorporate currently in effect, the Company may extend on monthly basis from April 14, 2024 until January 14, 2025 or such an earlier date as may be determined by its board to complete a business combination by depositing the New Monthly Extension Payment for each month into the Trust Account.
About Acri Capital Acquisition Corporation
Acri Capital Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses with one or more businesses or entities.
Cautionary Statement Regarding Forward-Looking Statements
This Press Release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.
Contact Information:
Company Contact:
Acri Capital Acquisition Corporation
Ms. “Joy” Yi Hua, Chairwoman
Email: acri.capital@gmail.com
Investor Relations Contact:
International Elite Capital
Annabelle Zhang
Telephone: +1(646) 866-7989
Email: acri@iecapitalusa.com
FAQ
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