NEW
YORK, Dec. 14, 2022 /PRNewswire/ -- Pacifico
Acquisition Corp. (NASDAQ: PAFOU; the "Company") announced today
that its sponsor, Pacifico Capital LLC (the "Sponsor"), notified
the Company that if the Company does not complete a business
combination by December 16, 2022, the
Sponsor intends to deposit into the Company's trust account a
principal amount of $575,000,
representing approximately $0.10 per
share of common stock, in order to extend the period of time the
Company has to complete a business combination for an additional
three (3) months period, from December 16,
2022 to March 16, 2023. The
extension is the second of up to two three-month extensions
permitted under the Company's governing documents.
About Pacifico Acquisition Corp.
Pacifico Acquisition Corp. is a Delaware corporation incorporated as a blank
check company for the purpose of entering into a merger, share
exchange, asset acquisition, share purchase, recapitalization,
reorganization or similar business combination with one or more
businesses or entities. The Company's efforts to identify a
prospective target business will not be limited to a particular
industry, although the Company intends to focus on operating
businesses in and around the new energy, biotech, and education
industries in Asia (excluding
China).
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Contact
For Pacifico Acquisition Corp.:
Edward Cong Wang
Chief Executive Officer
Pacifico Acquisition Corp.
c/o Pacifico Capital LLC
521 Fifth Avenue 17th Floor
New York, NY 10175
Email: edwardwang@pacificocorp.com
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SOURCE Pacifico Acquisition Corp.