Learn CW Investment Corporation Extends Period to Consummate Initial Business Combination
Learn CW Investment (LCW), a special purpose acquisition company, has announced a one-month extension to its deadline for completing an initial business combination. The new deadline is now September 13, 2024, extended from August 13, 2024. This extension was secured through a $150,000 deposit into the company's trust account.
This marks the eleventh of twelve possible one-month extensions allowed under the company's governing documents, which were amended following an Extraordinary General Meeting of shareholders on October 11, 2023. The extension provides LCW with additional time to identify and complete a suitable business combination.
Learn CW Investment (LCW), una società di acquisizione a scopo speciale, ha annunciato un prolungamento di un mese per la scadenza relativa alla conclusione di una prima combinazione aziendale. La nuova scadenza è ora 13 settembre 2024, estesa dal 13 agosto 2024. Questo prolungamento è stato garantito attraverso un deposito di 150.000 dollari nel conto fiduciario della società.
Questo segna l'undicesimo di dodici possibili prolungamenti mensili consentiti dai documenti di governo della società, che sono stati modificati a seguito di un'Assemblea Generale Straordinaria degli azionisti il 11 ottobre 2023. Il prolungamento fornisce a LCW ulteriore tempo per identificare e completare una combinazione aziendale adeguata.
Learn CW Investment (LCW), una compañía de adquisiciones de propósito especial, ha anunciado una prórroga de un mes para su fecha límite de completar una combinación empresarial inicial. La nueva fecha límite es ahora el 13 de septiembre de 2024, extendida desde el 13 de agosto de 2024. Esta prórroga se aseguró a través de un depósito de 150,000 dólares en la cuenta fiduciaria de la compañía.
Esto marca la undécima de doce posibles prórrogas mensuales permitidas bajo los documentos de gobernanza de la compañía, que fueron enmendados tras una Junta General Extraordinaria de accionistas el 11 de octubre de 2023. La prórroga proporciona a LCW tiempo adicional para identificar y completar una combinación empresarial adecuada.
Learn CW Investment (LCW), 특별목적 인수회사, 는 초기 비즈니스 결합 완료를 위한 마감일에 한 달 연장을 발표했습니다. 새로운 마감일은 이제 2024년 9월 13일로, 2024년 8월 13일에서 연장되었습니다. 이 연장은 회사의 신탁 계좌에 150,000달러의 보증금을 통해 확보되었습니다.
이는 회사의 운영 문서에 따라 허용된 12개의 가능한 한 달 연장의 열한 번째에 해당하며, 이 문서는 2023년 10월 11일 주주 총회 후 수정되었습니다. 이 연장은 LCW가 적합한 비즈니스 결합을 식별하고 완료할 수 있는 추가 시간을 제공합니다.
Learn CW Investment (LCW), une société d'acquisition à but spécial, a annoncé une prolongation d'un mois pour sa date limite de finalisation d'une première combinaison d'affaires. La nouvelle date limite est désormais le 13 septembre 2024, prorogée depuis le 13 août 2024. Cette prolongation a été obtenue grâce à un dépôt de 150 000 dollars sur le compte fiduciaire de la société.
Ceci marque la onzième des douze prolongations mensuelles possibles autorisées par les documents de gouvernance de la société, qui ont été modifiés suite à une Assemblée Générale Extraordinaire des actionnaires le 11 octobre 2023. La prolongation fournit à LCW un temps supplémentaire pour identifier et finaliser une combinaison d'affaires appropriée.
Learn CW Investment (LCW), ein Unternehmen für spezielle Zweck-Akquisitionen, hat eine einmonatige Verlängerung seiner Frist zur Durchführung einer ersten Unternehmenskombination angekündigt. Die neue Frist ist nun der 13. September 2024, verlängert vom 13. August 2024. Diese Verlängerung wurde durch eine Einzahlung von 150.000 Dollar auf das Treuhandkonto des Unternehmens gesichert.
Dies markiert die elfte von zwölf möglichen monatlichen Verlängerungen, die in den Governance-Dokumenten des Unternehmens zulässig sind, die nach einer außerordentlichen Hauptversammlung der Aktionäre am 11. Oktober 2023 geändert wurden. Die Verlängerung bietet LCW zusätzliche Zeit, um eine geeignete Unternehmenskombination zu identifizieren und abzuschließen.
- Extension provides more time to complete a business combination
- $150,000 deposited into trust account, potentially benefiting shareholders
- Eleventh extension may indicate difficulties in finding a suitable target
- Additional extensions could lead to increased costs for the company
About the Company
Learn CW Investment Corporation is a blank check company formed as a
Forward-Looking Statements
This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to numerous conditions, risks and changes in circumstances, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertakings to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
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Media Requests
Learn CW Investment Corporation
Harry Bator
harry@learn.vc
Source: Learn CW Investment Corporation
FAQ
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