Company Overview - Aimfinity Investment Corp. I is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aiming to effect a merger, share exchange, asset acquisition, or similar business combination with one or more 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 Extension - The company announced an extension of the deadline to complete its initial business combination from January 28, 2025, to February 28, 2025, by depositing 0.05 per Class A ordinary share held by public shareholders [1] - This extension is the first of nine monthly extensions allowed under the company's current charter, which permits extensions until October 28, 2025 [2] Proposed Merger - 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]
Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to February 28, 2025