Aimfinity Investment Corp. I Announces Results of the Extraordinary General Meeting of the Shareholders and Extension of the Deadline for an Initial Business Combination
April 26 2024 - 7:36PM
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 April 28,
2024 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 January 28, 2025, by depositing to the
Company’s trust account (the “Trust Account”) the lesser of (i)
$60,000 for all public shares and (ii) $0.035 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 April 28, 2024 until
January 28, 2025 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 $60,000 into the Trust Account on April 26, 2024. As a result,
the Company extended the deadline that it must complete its initial
business combination from April 28, 2024 to May 28, 2024.
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 12, 2024. 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. I
I-Fa ChangChief Executive Officer221 W 9th St,
PMB 235Wilmington, Delaware 19801
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