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Spree Acquisition Corp. 1 Limited - SHAP STOCK NEWS

Welcome to our dedicated page for Spree Acquisition 1 news (Ticker: SHAP), a resource for investors and traders seeking the latest updates and insights on Spree Acquisition 1 stock.

Spree Acquisition Corp. 1 Limited (NYSE: SHAP) is a special purpose acquisition company (SPAC) actively seeking a merger target to create shareholder value. This page provides authorized news and official filings related to Spree's business combination efforts, including updates on target evaluations, shareholder meetings, and regulatory developments.

Investors will find timely updates on Spree's merger timeline extension proposals, trust account management, and leadership decisions. The resource consolidates SEC filings, press releases, and essential announcements about shareholder redemption options and voting procedures.

Key focus areas include Spree's ongoing search for merger candidates, updates on sponsor support agreements, and analyses of market conditions affecting SPAC transactions. The management team's updates regarding potential targets and extension strategies are prioritized for informed decision-making.

Bookmark this page for direct access to Spree's verified corporate communications. Regularly updated content ensures stakeholders maintain current awareness of developments impacting their investment positions and voting rights.

Rhea-AI Summary
Spree Acquisition Corp. 1 Limited (SHAP) announced plans to seek a 12-month extension for its business combination transaction deadline. The company's sponsor will redirect $100,000 monthly contributions to optimize efforts for a successful combination. Shareholders will have the option to participate in a potential business combination or redeem their shares at an upcoming extraordinary general meeting.
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Spree Acquisition Corp. 1 Limited and WHC Worldwide, LLC mutually agree to terminate Business Combination Agreement
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Spree Acquisition Corp. 1 Limited (NYSE: SHAP) announced that it will hold a meeting to consider extending the date for a business combination. The company's sponsor has agreed to loan funds to the company if the extension is approved.
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WHC Worldwide, LLC (operating as zTrip) and Spree Acquisition Corp. 1 Limited (NYSE: SHAP) have announced a business combination agreement to take zTrip public on the NYSE. The merged entity, named WHC Worldwide, Inc., is expected to be listed under the ticker ZTRP. zTrip is the largest taxi fleet operator in the U.S., currently operating over 2,700 vehicles in 26 cities. The merger aims to enhance growth, leveraging zTrip's proven operational efficiencies and technology-based approach. The transaction is anticipated to close in the first half of 2023.

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Spree Acquisition Corp. 1 Limited

NYSE:SHAP

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