New Extension Deadline Proposed to be January 3rd, 2019.
Jensyn Acquisition Corp. proposed to extend their completion deadline today for the fifth time by filing a preliminary proxy statement for a shareholder vote to be held August 29th, at 10:00AM. The new proposed completion date gives Jensyn an additional 122 days, putting the new deadline at January 3rd, 2019.
Jensyn completed their initial public offering on March 2nd, 2016, depositing $40.4 million in trust. Current cash held in trust is $8.9 million with the current pro rata portion of funds available per share estimated to be $10.80 as of July 27, 2018.
The record date for the vote is set as August 6th, 2018.