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Acri Capital Acquisition Corp - ACACU STOCK NEWS

Welcome to our dedicated news page for Acri Capital Acquisition (Ticker: ACACU), a resource for investors and traders seeking the latest updates and insights on Acri Capital Acquisition.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Acri Capital Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Acri Capital Acquisition's position in the market.

Rhea-AI Summary
Acri Capital Acquisition (Nasdaq: ACAC) announced a proposed business combination with Foxx Development Inc., a Texas-based consumer electronics and IoT company. PubCo submitted a draft Registration Statement to the SEC on April 5, 2024, outlining details of the Transaction.
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End-of-Day
-0.89%
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Rhea-AI Summary
Acri Capital Acquisition Corporation (ACAC) extends business combination deadline by a month by depositing $75,000 into the Trust Account, allowing more time for potential mergers or acquisitions.
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Rhea-AI Summary
Acri Capital Acquisition Corporation (ACAC) and Foxx Development Inc. announced a definitive business combination agreement to create a publicly listed company on Nasdaq. Foxx, a consumer electronics and IoT solutions company, will merge with Acri, with key terms including a $50 million merger consideration and potential issuance of up to 4.2 million shares based on financial performance milestones. The transaction is expected to close in Q2 2024.
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Rhea-AI Sentiment
End-of-Day
0.22%
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Rhea-AI Summary
Acri Capital Acquisition Corporation (ACAC) extends the deadline for its initial business combination by a month by depositing $75,000 into the Trust Account. The extension allows the company to complete its business combination by March 14, 2024, as per its Amended and Restated Certificate of Incorporate.
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Acri Capital Acquisition Corporation (ACAC) has announced an extension of the date to complete its initial business combination from January 14, 2024, to February 14, 2024. The company's sponsor, Acri Capital Sponsor LLC, has deposited $75,000 into its trust account for the extension. The company has the option to extend on a monthly basis until April 14, 2024, to complete a business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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Acri Capital Acquisition Corporation (ACAC) extends the completion date for its initial business combination from December 14, 2023, to January 14, 2024. The sponsor has deposited $75,000 into the Trust Account to facilitate this extension.
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Rhea-AI Sentiment
End-of-Day
-0.18%
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Rhea-AI Summary
Acri Capital Acquisition Corporation (Nasdaq: ACAC) Extends Business Combination Deadline, Deposits $75,000 into Trust Account
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Rhea-AI Summary
Acri Capital Acquisition Corporation extends the deadline for completing its initial business combination.
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End-of-Day
0.09%
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Acri Capital Acquisition Corporation extends business combination deadline to October 14, 2023
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Rhea-AI Sentiment
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0.18%
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Rhea-AI Summary
Acri Capital Acquisition Corporation has announced an extension of the date for completing its initial business combination from August 14, 2023 to September 14, 2023. Acri Capital Sponsor LLC has deposited $75,000 into the Trust Account to facilitate this extension.
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Acri Capital Acquisition Corp

Nasdaq:ACACU

ACACU Rankings

ACACU Stock Data

3.26M
4.56%
Shell Companies
Financial Services
United States
Austin