Welcome to our dedicated page for Finnovate Acquis news (Ticker: FNVTW), a resource for investors and traders seeking the latest updates and insights on Finnovate Acquis stock.
Finnovate Acquis (FNVTW) is a fintech-focused SPAC specializing in strategic mergers and acquisitions that bridge innovative technology with traditional financial services. This page serves as the definitive source for all company-related news, providing investors and industry observers with timely updates on key developments.
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Finnovate Acquisition Corp (Nasdaq: FNVT, FNVTU, FNVTW) announced changes to its upcoming extraordinary general meeting and sponsor contributions. The Sponsor will contribute $0.05 per unredeemed Class A ordinary share monthly from November 8, 2024, to May 8, 2025, to support the extension period for completing an initial business combination. If extended to May 2025, this would increase the redemption amount to approximately $11.91 per unredeemed share, up from the current $11.61. The Special Meeting has been postponed to November 6, 2024, at 10:00 AM ET, with a new redemption deadline of November 4, 2024, at 5:00 PM ET.
