PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination
March 14 2023 - 5:20PM
Business Wire
PHP Ventures Acquisitions Corp. (“PHP Ventures” or the
“Company”) (Nasdaq: PPHPU) (Nasdaq: PPHP) (Nasdaq: PPHPR) (Nasdaq:
PPHPW), a special purpose acquisition company, today announced that
on March 13, 2023 it caused to be deposited $110,796.88 into the
Company’s Trust account for its public stockholders, representing
$0.0625 per public share, allowing the Company to extend the period
of time it has to consummate its initial business combination by
one month from March 16, 2023 to April 16, 2023 (the “Extension”).
The Extension is the second of six-monthly extensions permitted
under the Company’s governing documents.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement and preliminary prospectus for the Company’s offering
filed with the SEC. Copies of these documents are available on the
SEC’s website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230314006007/en/
MZ Group Chris Tyson +1 (949) 491-8235
PPHP@mzgroup.us
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