JSYN will now have until January 3, 2019 to complete their transaction
Jensyn Acquisition Corp. released the results of its shareholder vote to extend their completion deadline to January 3, 2019. Only 5,883 shareholders voted against the proposal, however, 94,200 shareholders opted to redeem their shares at $10.80 for an aggregate amount of $1,017,360.
Jensyn will now have an additional 122 days to complete their previously announced business combination with Oneness Global, an e-commerce company based in China which does business under the name HEFA Global. Further details on the proposed business combination have not yet been filed, but now that the extension vote is out of the way, additional information should be forthcoming.
The new currently estimated funds in trust is now approximately $7.9 million and the estimated pro rata per share amount in trust is $10.84, per their recently announced contribution of $.042 per month for a period of four months, until completion.