Welcome to our dedicated page for Finnovate Acquisition news (Ticker: FNVTF), a resource for investors and traders seeking the latest updates and insights on Finnovate Acquisition stock.
The news feed for FNVTF focuses on announcements from Finnovate Acquisition Corp., a blank check company incorporated in the Cayman Islands. Recent press releases center on Finnovate’s efforts to complete its proposed initial business combination with Scage International Limited, along with Scage Future (Pubco) and the merger subsidiaries Hero 1 and Hero 2 under a Business Combination Agreement.
In these updates, Finnovate provides details about the scheduling and postponement of its extraordinary general meeting of shareholders (the “Special Meeting”), where shareholders are asked to vote on proposals to approve the business combination and related matters. The company explains that the Special Meeting has been rescheduled multiple times to allow more time to satisfy closing conditions, including obtaining listing approvals from the China Securities Regulatory Commission (CSRC) for Scage International and approval for the listing of Pubco’s securities on Nasdaq.
News items also describe deadlines for holders of Finnovate’s Class A ordinary shares issued in its initial public offering to submit their shares for redemption in connection with the proposed business combination. Each release points shareholders and interested parties to a definitive proxy statement filed with the SEC for further information about the transaction and the matters to be voted on at the Special Meeting.
Investors following FNVTF-related news can use this page to review Finnovate’s official communications on the progress of its proposed business combination, changes to meeting dates and redemption deadlines, and the company’s own description of the risks and uncertainties highlighted in its forward-looking statements.
Finnovate Acquisition Corp. (OTC: FNVUF) has announced a further postponement of its extraordinary general meeting of shareholders to March 28, 2025, at 10:00 AM ET. The meeting was previously scheduled for January 30, 2025, and then March 27, 2025.
The Special Meeting aims to approve the proposed initial business combination with Scage International , involving Scage Future, Hero 1, and Hero 2. On March 13, 2025, Scage International received important approval from the China Securities Regulatory Commission (CSRC), meeting one of the key conditions for the business combination.
The deadline for Class A ordinary shareholders to submit shares for redemption has been extended to March 26, 2025, at 5:00 PM ET. The record date remains January 6, 2025, and the meeting location will be at Ellenoff Grossman & Schole LLP in New York, with a live webcast option available.
Finnovate Acquisition Corp. (OTC: FNVUF) has announced a further postponement of its extraordinary general meeting of shareholders from March 17, 2025, to March 27, 2025, at 10:00 AM Eastern Time. The meeting aims to approve the proposed initial business combination with Scage International .
The postponement is necessitated by additional time required for Scage International to obtain listing approvals from the China Securities Regulatory Commission (CSRC), a mandatory condition for the business combination. The meeting will be held at Ellenoff Grossman & Schole LLP's office in New York and via webcast.
Shareholders of record as of January 6, 2025, can submit their Class A ordinary shares for redemption until March 25, 2025, at 5:00 PM Eastern Time. The proposed resolutions remain unchanged from the original proxy statement.
Finnovate Acquisition Corp. (OTC: FNVUF) has announced a further postponement of its extraordinary general meeting of shareholders from February 27, 2025, to March 17, 2025 at 10:00 a.m. Eastern Time. The meeting is important for shareholders to vote on the proposed initial business combination with Scage International , Scage Future, and subsidiaries.
The postponement provides additional time for Scage International to obtain required listing approvals from the China Securities Regulatory Commission (CSRC), which is a condition for completing the Business Combination. The meeting location remains at Ellenoff Grossman & Schole LLP in New York, with a live webcast option available.
As a result of this change, the deadline for holders of Finnovate's Class A ordinary shares to submit their shares for redemption has been extended to March 13, 2025. The record date of January 6, 2025, and all proposed resolutions remain unchanged.
Finnovate Acquisition Corp. (OTC: FNVUF) has announced the postponement of its extraordinary general meeting of shareholders to February 27, 2025, at 10:00 AM ET. The meeting aims to approve the proposed initial business combination with Scage International .
The postponement is specifically to allow Scage International additional time to obtain required listing approvals from the China Securities Regulatory Commission (CSRC), which is a condition for completing the business combination. The meeting will be held via webcast at https://www.cstproxy.com/finnovateacquisition/2025.
The deadline for Class A ordinary shareholders to submit shares for redemption has been extended to February 25, 2025, at 5:00 PM ET. Only shareholders of record as of January 6, 2025, are eligible to vote at the meeting.