On December 19, 2022, stockholders of AF Acquisition Corp. approved amendments to extend the deadline for a business combination to August 23, 2023, and allowed for potential early liquidation. Following this, the board decided to liquidate the company and redeem 100% of its Class A common stock. Redemption prices will be based on the Trust Account balance, with no redemption rights for Warrants. Trading on Nasdaq for its shares ceased on December 22, 2022.
AF Acquisition Corp. (AFAQU, AFAQ, AFAQW) announced the adjournment of its special meeting, originally set for December 15, 2022, to December 19, 2022, at 9:00 a.m. Eastern Time. Stockholders will vote on five key proposals, including extending the deadline for a business combination from March 23, 2023, to August 23, 2023. The meeting allows for further proxy solicitation if necessary. Stockholders can redeem shares until December 16, 2022, at 5:00 p.m. Eastern Time. The company is a blank check entity aimed at mergers or acquisitions.
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