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Reported Late Monday, FTAC Zeus Acquisition Corp. Announces Cancelation Of Special Meeting; The Company Decided To Cancel The Meeting Because The Amount Of Redemption Requests It Received Would Have Resulted In The Trust Account Falling Below $125M

Reported Late Monday, FTAC Zeus Acquisition Corp. Announces Cancelation Of Special Meeting; The Company Decided To Cancel The Meeting Because The Amount Of Redemption Requests It Received Would Have Resulted In The Trust Account Falling Below $125M

周一晚间报道,FTAC Zeus Acquisition Corp. 宣布取消特别会议;该公司之所以决定取消会议,是因为其收到的赎回申请数量将导致信托账户降至1.25亿美元以下
Benzinga Real-time News ·  2022/12/20 01:02

FTAC Zeus Acquisition Corp. (NASDAQ:ZING) (the "Company"), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced its decision to cancel its special meeting scheduled for Wednesday, December 21, 2022. The Company decided to cancel the meeting because the amount of redemption requests it received would have resulted in the trust account falling below $125 million. The Company had previously announced that it did not anticipate proceeding with the meeting if the trust account would fall below the $125 million threshold. The Company intends to continue in its purpose of consummating an initial business combination prior to its scheduled termination date in August 2023.

为收购或合并一项或多项业务而成立的空白支票公司FTAC Zeus Acquisition Corp.(纳斯达克股票代码:ZING)(以下简称“本公司”)今天宣布,决定取消原定于2022年12月21日(星期三)举行的特别会议。公司决定取消会议,因为它收到的赎回请求将导致信托账户降至1.25亿美元以下。该公司此前曾宣布,如果信托账户低于1.25亿美元的门槛,它预计不会继续举行会议。本公司打算继续在2023年8月预定的终止日期之前完成一项初步业务合并。

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