Forum Merger II Corporation Announces Extension of Date to Complete a Business Combination
Forum Merger II Corporation (Nasdaq: FMCI) has announced that its stockholders have approved the extension of the business combination deadline from June 10, 2020, to September 30, 2020. Notably, there were no redemptions of public shares by stockholders in conjunction with this extension. This extension allows more time for potential mergers or acquisitions, aligning with the company's strategy to identify suitable business partners. Forum Merger II Corporation aims to execute mergers and similar transactions with businesses to enhance growth and shareholder value.
- Stockholders approved an extension until September 30, 2020, allowing more time for strategic mergers or acquisitions.
- No public shares were redeemed, indicating stockholder confidence in the company's future prospects.
- None.
Delray Beach, FL, June 08, 2020 (GLOBE NEWSWIRE) -- Forum Merger II Corporation (Nasdaq: FMCI) (the “Company”) today announced that its stockholders approved an extension of the date by which it must consummate a business combination from June 10, 2020 to September 30, 2020. In connection with the extension, none of the Company’s public shares were redeemed by stockholders.
About Forum Merger II Corporation
Forum Merger II Corporation is a blank check company 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.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the United Stated Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the Securities and Exchange Commission (the “SEC”) on March 11, 2020 and the Company’s other filings with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
David Boris
(212) 739-7860
david@forummerger.com
www.forummerger.com
FAQ
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