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Abri SPAC I, Inc. (NASDAQ: ASPA, ASPAW, ASPAU) announced that stockholders can reverse their redemption requests until 5:00 PM ET on December 9, 2022. The company will extend its initial business combination deadline from February 12, 2023, to August 12, 2023, through a $525,000 trust account contribution. At the special meeting, stockholders requested to redeem 4,931,548 shares, with approximately $10.20 per share available. Abri's merger with DLQ, Inc. is expected to close soon, allowing the combined entity to continue NASDAQ trading under the name DataLogiq, Inc.
Abri SPAC I, Inc. (NASDAQ: ASPA) has terminated its merger agreement with Apifiny Group Inc. by mutual consent. This decision opens the door for Abri to pursue alternative business combinations. Abri is focused on finding opportunities that deliver technological innovations, particularly in financial services. The company remains committed to identifying a suitable target to enhance its value proposition in the market.
