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Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to December 28, 2024
AIMAUAimfinity Investment Corp. I(AIMAU) GlobeNewswire News Room·2024-12-02 21:05

Company Overview - Aimfinity Investment Corp. I is a special purpose acquisition company incorporated in the Cayman Islands, focused on effecting mergers, share exchanges, asset acquisitions, and similar business combinations with various businesses or entities [3] - The company has not yet selected a business combination target and has not initiated substantive discussions with any potential targets [3] - Aimfinity will not complete its initial business combination with a target headquartered in China or conducting a majority of its business in China [3] Business Combination Update - The company announced an extension of the deadline to complete its initial business combination from November 28, 2024, to December 28, 2024, following a deposit of $60,000 into its trust account [1] - This extension marks the eighth of nine monthly extensions allowed under the company's current charter, which permits monthly extensions until January 28, 2025 [2] Merger Agreement - On October 13, 2023, Aimfinity entered into a Merger Agreement with Docter Inc., proposing a business combination involving a reincorporation merger and an acquisition merger [4] - The press release indicates that further details regarding the proposed business combination will be provided in a proxy statement/prospectus to be filed with the SEC [4]