Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
September 13 2024 - 3:05PM
Acri Capital Acquisition Corporation (the
“Company”) (Nasdaq: ACAC), a special purpose acquisition
company, today announced that, in order to extend the date by which
the Company must complete its initial business combination from
September 14, 2024 to October 14, 2024, the Company received in its
trust account (the “Trust Account”) an aggregate of $50,000 (the
“New Monthly Extension Payment”) from Foxx Development Inc., the
target of the Company’s business combination.
Pursuant to the Company’s Amended and Restated
Certificate of Incorporate currently in effect, the Company may
extend on monthly basis from April 14, 2024 until January 14, 2025
or such an earlier date as may be determined by its board to
complete a business combination by depositing the New Monthly
Extension Payment for each month into the Trust Account.
About Acri Capital Acquisition
Corporation
Acri Capital Acquisition Corporation is a blank
check company, also commonly referred to as a special purpose
acquisition company, or SPAC, formed for the purpose of effecting a
merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses with one or more businesses or entities.
Cautionary Statement Regarding
Forward-Looking Statements
This Press Release contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements include, but are not limited
to, statements about future financial and operating results, our
plans, objectives, expectations and intentions with respect to
future operations, products and services; and other statements
identified by words such as “will likely result,” “are expected
to,” “will continue,” “is anticipated,” “estimated,” “believe,”
“intend,” “plan,” “projection,” “outlook” or words of similar
meaning. Such forward-looking statements are based upon the current
beliefs and expectations of our management and are inherently
subject to significant business, economic and competitive
uncertainties and contingencies, many of which are difficult to
predict and generally beyond our control. Actual results and the
timing of events may differ materially from the results anticipated
in these forward-looking statements.
Contact Information:
Company Contact:
Acri Capital Acquisition CorporationMs. “Joy” Yi Hua,
ChairwomanEmail: acri.capital@gmail.com
Investor Relations Contact:
International Elite CapitalAnnabelle ZhangTelephone: +1(646)
866-7989Email: acri@iecapitalusa.com
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