Company Overview - Broad Capital Acquisition Corp. is a special purpose acquisition company formed by Broad Capital LLC [9] - The company is led by Chief Executive Officer Johann Tse [9] Business Combination Details - On June 12, 2024, the company deposited $60,000 into its trust account for public stockholders, equating to $0.035 per public share [1] - This deposit allows the company to extend the time to complete its initial business combination to July 13, 2024, marking the sixth of twelve permitted monthly extensions [1][8] - The company has entered into a definitive Agreement and Plan of Merger and Business Combination Agreement with Openmarkets Group Pty Ltd (OMG) [8] OMG Overview - OMG is a leading Australian financial services technology group serving various client groups, including fintechs, dealer groups, private wealth advisers, traders, and stockbrokers [10]
Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to July 13, 2024