STOCK TITAN

Finnovate Acquisition Corp. Warrants - FNVTW STOCK NEWS

Welcome to our dedicated page for Finnovate Acquisition Warrants news (Ticker: FNVTW), a resource for investors and traders seeking the latest updates and insights on Finnovate Acquisition Warrants stock.

Finnovate Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Finnovate received notice of delay in filing Quarterly Report on Form 10-Q, no immediate effect on stock listing or trading
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Finnovate Acquisition Corp. and Scage International Limited enter into a definitive Business Combination Agreement. Scage Future, a newly formed holding company, will seek to be listed on the Nasdaq Stock Market. The transaction represents a post-combination valuation of $1.0 billion for Scage. Scage is a zero-emission solution provider focused on new energy heavy-duty commercial vehicles. Scage's Galaxy II truck has a driving range of 2,000 km, aiming to solve the range anxiety problem of new energy heavy trucks. Scage plans to build lean plants in various locations to expand its reach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags

FAQ

What is the current stock price of Finnovate Acquisition Warrants (FNVTW)?

The current stock price of Finnovate Acquisition Warrants (FNVTW) is $0.0174 as of November 4, 2024.

What is Finnovate Acquisition Corp?

Finnovate Acquisition Corp is a blank check company established to pursue business combinations with other companies.

What is the main purpose of Finnovate Acquisition Corp?

The main purpose of Finnovate Acquisition Corp is to engage in mergers, share exchanges, asset acquisitions, share purchases, or similar business combinations.

Where is Finnovate Acquisition Corp located?

Finnovate Acquisition Corp is located at The White House, 20 Genesis Close, George Town, Grand Cayman KY1 1208.

Who is the contact person for Finnovate Acquisition Corp?

Calvin Kung is the contact person for Finnovate Acquisition Corp and can be reached at +1 (424) 253-0908.

What type of businesses does Finnovate Acquisition Corp seek to combine with?

Finnovate Acquisition Corp aims to combine with businesses through mergers, share exchanges, asset acquisitions, share purchases, or reorganizations.

Is there any assurance of a successful business combination with Finnovate Acquisition Corp?

There are no assurances regarding the success of any business combination that Finnovate Acquisition Corp may pursue.

Are there any forward-looking statements related to Finnovate Acquisition Corp?

Forward-looking statements may be present in the information disclosed by Finnovate Acquisition Corp.

What additional information can be found about Finnovate Acquisition Corp?

Additional information about Finnovate Acquisition Corp may be available through official channels or announcements.

Who are the participants in the solicitation for Finnovate Acquisition Corp?

The participants involved in the solicitation for Finnovate Acquisition Corp may vary based on the specific business combination or transaction.

What is the phone number for Finnovate Acquisition Corp?

The phone number for Finnovate Acquisition Corp is +1 (424) 253-0908.

Finnovate Acquisition Corp. Warrants

Nasdaq:FNVTW

FNVTW Rankings

FNVTW Stock Data

Blank Checks
United States of America
WILMINGTON