Aimfinity Investment Corp. I Announces Third Extension of the Deadline for an Initial Business Combination to October 28, 2023
29 September 2023 - 7:15AM
Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq:
AIMAU), a special purpose acquisition company incorporated as a
Cayman Islands exempted company, today announced that, in order to
extend the date by which the Company mush complete its initial
business combination from September 28, 2023 to October 28,
2023, I-Fa Chang, sole member and manager of the sponsor of the
Company, has deposited into its trust account (the “Trust Account”)
an aggregate of $85,000 (the “Monthly Extension Payment”).
Pursuant to the Company’s second
amended & restated memorandum and articles of association
(“Current Charter”), effectively July 27, 2023, the Company may
extend on a monthly basis from July 28, 2023 until April 28, 2024
or such an earlier date as may be determined by its board to
complete a business combination by depositing the Monthly Extension
Payment for each month into the Trust Account. This is the third of
nine monthly extensions of the Company.
About Aimfinity
Investment Corp. I
Aimfinity Investment Corp. I is a blank check
company incorporated as a Cayman Islands exempted company for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses or entities. The Company has not selected
any business combination target and has not, nor has anyone on its
behalf, initiated any substantive discussions, directly or
indirectly, with any business combination target with respect to an
initial business combination with it. While the Company will not be
limited to a particular industry or geographic region in its
identification and acquisition of a target company, it will not
complete its initial business combination with a target that is
headquartered in China (including Hong Kong and Macau) or conducts
a majority of its business in China (including Hong Kong and
Macau).
Forward-Looking Statements
This press release includes forward looking statements that
involve risks and uncertainties. Forward looking statements are
subject to numerous conditions, risks and changes in circumstances,
many of which are beyond the control of the Company, including
those set forth in the "Risk Factors" section of the Company’s
Annual Report on Form 10-K filed on April 17, 2023. Such
forward-looking statements include the successful consummation of
the Company's initial public offering or exercise of the
underwriters' over-allotment option. The Company expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or
circumstances on which any statement is based.
Contact
Information:
Aimfinity Investment Corp. I
I-Fa ChangChief Executive Officer221 W 9th St,
PMB 235Wilmington, Delaware 19801
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