BWACU - BWACU STOCK NEWS

Better World Acquisition Corp. (NASDAQ: BWAC) announced an extension for its business combination deadline from February 17, 2022, to May 17, 2022. This is the second extension allowed under its governing documents. The Company's sponsor, BWA Holdings LLC, plans to deposit approximately $1,261,860 into the trust account, equating to $0.10 per public share. This extension aims to provide additional time for the Company to complete its initial business combination.

On November 10, 2021, Better World Acquisition Corp. (NASDAQ: BWAC) announced an extension to consummate its business combination, moving the deadline from November 17, 2021, to February 17, 2022. The extension allows more time for the company to finalize an acquisition. In support, the sponsor BWA Holdings LLC will deposit $1,261,860 into the company’s trust account, equivalent to $0.10 per public share. Better World Acquisition Corp. focuses on merging with businesses in the healthy living sector that possess strong Environmental, Social, and Governance (ESG) profiles.

Better World Acquisition Corp. (NASDAQ: BWAC) received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Quarterly Report on Form 10-Q for Q1 2021. The notice does not impact the trading of the Company’s securities. The Company is evaluating the accounting treatment of its warrants which may affect its financial statements. It has until July 26, 2021, to submit a compliance plan to Nasdaq, with a possible extension until November 22, 2021, if accepted.

Better World Acquisition Corp. (NASDAQ: BWACU) announced it received a compliance notice from Nasdaq for failing to timely file its Annual Report on Form 10-K for 2020. This notice does not immediately affect trading on Nasdaq. The company is reviewing the accounting implications of its warrants following a recent SEC statement and is working to finalize its financial statements for the Form 10-K. BWACU has until June 15, 2021, to submit a compliance plan, with a potential extension to regain compliance until October 12, 2021.

Better World Acquisition Corp. (NASDAQ: BWACU) announced that starting December 28, 2020, holders of units sold in its initial public offering can separately trade their shares of common stock and warrants. The common stock will trade under the symbol 'BWAC,' and warrants under 'BWACW,' while unseparated units will continue under 'BWACU.' This move offers investors flexibility in managing their holdings. The company aims to focus on merging with businesses in the healthy living sectors with strong Environmental, Social, and Governance (ESG) themes.

Better World Acquisition Corp. announced the successful issuance of 1,618,600 additional units on November 19, 2020, from its initial public offering, raising gross proceeds of $16,186,000. This brings the total proceeds to $126,186,000. The units, which began trading on Nasdaq under the ticker symbol BWACU on November 13, 2020, consist of one common stock share and one redeemable warrant. The company aims to focus on merging with businesses within the healthy living industry, emphasizing strong ESG profiles.

Better World Acquisition Corp. has successfully completed its initial public offering, raising $110 million from the sale of 11,000,000 units at $10.00 each. The units are now trading on Nasdaq under the symbol BWACU, with each unit comprising one share and one warrant. The company intends to focus on mergers and acquisitions within the healthy living sector that emphasize strong ESG profiles. A total of $111.1 million is now in trust for future business combinations.