2023-06-02 08:21:50 ET
- LF Capital Acquisition II ( NASDAQ: LFAC ), which signed in February a letter of intent to acquire an unnamed packaging company, is seeking to extend the date by which it must complete an acquisition by one month, to Nov. 19, 2023, the company said Friday.
- Completing the business combination is subject to the negotiation of a definitive agreement and SEC review of the proxy statement/prospectus the company will issue to its stockholders.
- If the special purpose acquisition company is unable to complete the deal by the extended date, LFAC may have to liquidate, it said.
- LF Capital II ( LFAC ) completed its IPO in November 2021 using a new structure for the SPAC and warrants associated with the transaction.
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LF Capital Acquisition II seeks to extend acqusition date by a month