Relativity Acquisition Corp. Class A (RACY) has released an update.
Relativity Acquisition Corp. has secured a loan from SVES LLC to extend the deadline for completing their initial business combination, with monthly contributions to their Trust Account until February 2025. Meanwhile, in a recent special stockholders’ meeting, amendments were approved to both extend the business combination deadline and allow for interest-bearing investments of their Trust Account funds. The company also processed stockholder redemptions, adjusting the remaining funds and outstanding shares accordingly.
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