Jensyn Acquisition Corp. Proposes an Additional Extension to Complete
by Kristi Marvin on 2018-07-30 at 11:26pm

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.

 

Recent Posts
by Nicholas Alan Clayton on 2024-03-26 at 7:45am

At the SPAC of Dawn With the pricing of IB Acquisition Corp. (NASDAQ:IBACU), March now officially has two SPAC IPOs in the books but we”ll have to see if three price to match February’s numbers. The move brings 2024’s total count to six SPAC IPOs, which continues to be a slower pace than 2023, which turned...

by Kristi Marvin on 2024-03-25 at 6:37pm

IB Acquisition Corp. (NASDAQ:IBACU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IBACU”, Tuesday, March 26, 2024. The new SPAC will have a broad search focus and will not be limited to a particular geographic region or industry, but believe there...

by Kristi Marvin on 2024-03-25 at 3:24pm

They say timing is everything and at the end of a week punctuated by two successful traditional IPOs from Astera and Reddit, the sponsor team that announced the CCIV/Lucid deal at the absolute peak of the capital markets insanity that was Q1-2021 dropped their latest new SPAC – Churchill Capital Corp. IX. Is this a...

by Nicholas Alan Clayton on 2024-03-25 at 1:36pm

Deals and Funding Keen Vision (NASDAQ:KVAC) has entered into a non-binding letter of intent with an unnamed biopharmaceutical company based in Boston with ongoing clinical trials. This allows Keen Vision to activate an automatic six-month extension, which will push its transaction deadline to October 27. Andretti (NYSE:WNNR) has signed a non-redemption agreement with Sandia Investment...

by Nicholas Alan Clayton on 2024-03-25 at 12:50pm

It is safe to say that no SPAC has been written about more often and more extensively than Digital World (NASDAQ:DWAC). It is thus with some wistfulness that SPACInsider reports that Digital World is no more, having completed its combination with Trump Media & Technology Group today. The combined company’s shares and warrants will begin...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved