Jensyn Acquisition Corp. Proposes an Additional Extension to Complete

News-Update

Jensyn Acquisition Corp. Proposes an Additional Extension to Complete

Jul 30, 2018 INTEL by SPACInsider

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.

 

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