Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to October 3, 2024
Vision Sensing Acquisition Vision Sensing Acquisition (US:VSAC) GlobeNewswire News Room·2024-08-30 20:35

Core Points - Vision Sensing Acquisition Corp. (VSAC) has announced an extension of the deadline for its initial business combination from September 3, 2024, to October 3, 2024 [1] - The company will deposit $51,016.10 into its trust account as part of this extension, and will issue a noninterest bearing, unsecured promissory note to its sponsor for the same amount [1][2] - This extension marks the fifth of up to six one-month extensions authorized under the company's amended certificate of incorporation [1] Company Overview - Vision Sensing Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) focused on acquiring a private technology company [3] - EF Hutton, a division of Benchmark Investments, LLC, serves as the Capital Market Advisor, while ARC Group Limited acts as the Financial Advisor to VSAC [3]