An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Gardiner Healthcare Acquisitions Corp. (GHAC) intends to deposit $100,000 into its trust account to extend the period for its initial business combination by one month. The company's focus is on the healthcare or healthcare-related industries, and it is sponsored by Gardiner Healthcare Holdings, LLC, Chardan Gardiner LLC, and CCMAUS Pty Ltd.
Positive
None.
Negative
None.
SHAKER HEIGHTS, Ohio--(BUSINESS WIRE)--
Gardiner Healthcare Acquisitions Corp. (the “Company”) announced today that it intends to deposit, or have deposited, into the Company's trust account the amount of $100,000 in order to extend the period of time the Company has to consummate its initial business combination by an additional one month, from the current deadline of November 27, 2023 to December 27, 2023 (the "Extension"). At least five days prior to the November 27, 2023 deadline, the Company received notice from Gardiner Healthcare Holdings, LLC that it intends to finance the deposit of funds into the Trust Account for extending the deadline and the Board of Directors of the Company has approved the Extension. In connection with the Extension, the Company intends to have the additional funds deposited into the trust account on or before the current deadline of November 27, 2023. None of the Company’s insiders, including our officers, Directors or stockholders (such as Gardiner Healthcare Holdings, LLC), is required to provide any financing to us in connection with the intended deposit of the required funds into the trust account in relation to the Extension or otherwise in relation to any prospective initial business combination. If the Extension is not funded, the Company will: (i) cease all operations except for the purpose of winding up; (ii) redeem 100% of the public shares; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders and our Board of Directors, dissolve and liquidate, subject in each case to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.
The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on the healthcare or healthcare related industries. The Company is sponsored by Gardiner Healthcare Holdings, LLC, Chardan Gardiner LLC, and CCMAUS Pty Ltd.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.
What is the purpose of Gardiner Healthcare Acquisitions Corp. (GHAC)?
GHAC is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
What is the focus of GHAC's search for an initial business combination?
GHAC intends to focus its search on the healthcare or healthcare-related industries.
Who sponsors GHAC?
GHAC is sponsored by Gardiner Healthcare Holdings, LLC, Chardan Gardiner LLC, and CCMAUS Pty Ltd.
What are the details of the deposit into GHAC's trust account?
GHAC intends to deposit $100,000 into its trust account to extend the period for its initial business combination by one month, from November 27, 2023, to December 27, 2023.
What happens if the extension is not funded?
If the extension is not funded, GHAC will cease all operations, redeem 100% of the public shares, and dissolve and liquidate, subject to obligations under Delaware law.
Does the press release constitute an offer to sell securities?
No, the press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
