Monocle Acquisition Corp. (MNCL) Secures Extension But Faces Redemptions

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Monocle Acquisition Corp. (MNCL) Secures Extension But Faces Redemptions

Monocle Acquisition Corp. (NASDAQ:MNCL) announced in an 8-K this evening that its shareholders had approved a three-month extension of its transaction deadline, but shareholders also opted to redeem shares in large numbers. A total of 16,160,761 opted to redeem, and with an estimated $10.27 pro rata in trust, this would remove roughly $165.9 million from
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