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Finnovate Acquisition Corp - FNVUF STOCK NEWS

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

Finnovate Acquisition Corp (FNVUF) provides investors with a strategic gateway to SPAC-related developments through this comprehensive news hub. Track all official communications including merger announcements, regulatory filings, and partnership updates for this blank-check company targeting innovative financial and technology sectors.

This resource delivers timely access to primary source materials such as SEC disclosures, investor presentations, and acquisition progress reports. Users benefit from consolidated tracking of key milestones including due diligence updates, shareholder voting procedures, and post-merger integration plans.

The news collection emphasizes factual reporting on completed transactions, pending regulatory approvals, and market positioning strategies. Content maintains strict adherence to financial disclosure standards while explaining complex SPAC processes in accessible terms for both active traders and long-term investors.

Bookmark this page for streamlined monitoring of Finnovate's acquisition pipeline and capital market activities. Regular updates ensure stakeholders remain informed about this SPAC's progress toward identifying and merging with high-potential private enterprises.

Rhea-AI Summary

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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Finnovate Acquisition (FNVUF)?

The current stock price of Finnovate Acquisition (FNVUF) is $2.14 as of February 27, 2025.
Finnovate Acquisition Corp

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