Aimfinity Investment Corp. I Announces Results of the Extraordinary General Meeting of the Shareholders and Extension of the Deadline for an Initial Business Combination
July 27 2023 - 8:00PM
Aimfinity Investment Corp. I (NASDAQ: AIMAU) (the “Company”),
a blank check company incorporated as a Cayman Islands exempted
company, today announced it held an extraordinary general meeting
of the shareholders (the “Extraordinary General Meeting”) and
obtained the shareholders’ approval for the proposals.
At the Extraordinary General Meeting, the
shareholders of the Company approved, by special resolution, to
amend the Company’s Amended and Restated Memorandum and Articles of
Association (the “Charter”) to allow the Company until July 28,
2023 to consummate an initial business combination and may elect to
extend the period to consummate an initial business combination up
to nine times, each by an additional one-month period, for a total
of up to nine months to April 28, 2024, by depositing to the
Company’s trust account (the “Trust Account”) the lesser of (i)
$85,000 for all public shares and (ii) $0.04 for each public share
for each one-month extension (each such deposit, a “Monthly
Extension Payment”).
Pursuant to the shareholders’ approval, the
Company may extend on monthly basis from July 28, 2023 until April
28, 2024 or such an earlier date as may be requested by the sponsor
of the Company, Aimfinity Investment LLC (the "Sponsor"), and
authorized by its board, to complete a business combination by
depositing the Monthly Extension Payment for each month into the
Trust Account.
Mr. I-Fa Chang, the sole member and manager of
the Sponsor, as the designee of the Sponsor, deposited an aggregate
of $85,000 into the Trust Account on July 27, 2023. As a result,
the Company extended the deadline that it must complete its initial
business combination from July 28, 2023 to August 28, 2023.
About
Aimfinity Investment Corp. I
Aimfinity Investment Corp. I is a blank
check company incorporated as a Cayman Islands exempted company for
the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more businesses or entities. The Company
has not selected any business combination target and has not, nor
has anyone on its behalf, initiated any substantive discussions,
directly or indirectly, with any business combination target with
respect to an initial business combination with it. While the
Company will not be limited to a particular industry or geographic
region in its identification and acquisition of a target company,
it will not complete its initial business combination with a target
that is headquartered in China (including Hong Kong and Macau) or
conducts a majority of its business in China (including Hong Kong
and Macau).
Forward-Looking Statements
This press release includes forward looking
statements that involve risks and uncertainties. Forward looking
statements are subject to numerous conditions, risks and changes in
circumstances, many of which are beyond the control of the Company,
including those set forth in the "Risk Factors" section of the
Company’s Annual Report on Form 10-K filed on April 17, 2023. Such
forward-looking statements include the successful consummation of
the Company's initial public offering or exercise of the
underwriters' over-allotment option. 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 Information:
Aimfinity Investment Corp. II-Fa ChangChief Executive Officer221
W 9th St, PMB 235Wilmington, Delaware
19801ceo@aimfinityspac.com
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