Battery Future Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
August 10 2023 - 4:30PM
Business Wire
Battery Future Acquisition Corp. (NYSE: BFAC.U, BFAC, BFAC.WS)
(“BFAC” or the “Company”), a special purpose acquisition company,
announced today that, on August 10, 2023, its sponsor, Battery
Future Sponsor LLC (the “Sponsor”), requested that BFAC extend the
date by which BFAC has to consummate a business combination from
August 17, 2023 to September 17, 2023 (the “Extension”). The
Extension is the third of up to twelve one-month extensions
permitted under BFAC’s governing documents. In connection with such
Extension, the Sponsor has notified BFAC that Pala Investments
Limited intends to cause an aggregate of $250,000 to be deposited
into BFAC’s trust account on or before August 17, 2023. The
Extension provides BFAC with additional time to complete a business
combination.
About Battery Future Acquisition Corp.
Battery Future Acquisition Corp. is a blank check company
incorporated on July 29, 2021 as a Cayman Islands exempted company
and formed for the purpose of effecting a merger, share exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses.
Cautionary Statement Regarding 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 are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
These forward-looking statements and factors that may cause such
differences include, without limitation, BFAC’s inability to
complete an initial business combination within the required time
period, and other risks and uncertainties indicated from time to
time in filings with the U.S. Securities and Exchange Commission
(the “SEC”), including BFAC’s Annual Report on Form 10-K for the
fiscal year ended December 31, 2022, filed with the SEC on March
30, 2023, under the heading “Risk Factors,” and other documents
BFAC has filed, or to be filed, with the SEC. Readers are cautioned
not to place undue reliance upon any forward-looking statements,
which speak only as of the date made. BFAC 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 BFAC’s expectations with respect thereto or
any change in events, conditions or circumstances on which any
statement is based.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230810446718/en/
Battery Future Acquisition Corp. (347) 417-4062
Media: Gasthalter & Co. Jonathan Gasthalter/Kevin
FitzGerald (212) 257-4170
Battery Future Acquisition (NYSE:BFAC.U)
Historical Stock Chart
From Oct 2024 to Nov 2024
Battery Future Acquisition (NYSE:BFAC.U)
Historical Stock Chart
From Nov 2023 to Nov 2024