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Aries I Acquisition Corporation (NASDAQ: RAM, RAMMU, RAMMW) has extended its deadline to finalize a business combination with Infinite Assets, Inc. from September 21, 2022, to October 21, 2022. This marks the second of up to twelve allowable monthly extensions. To facilitate this, Aries Acquisition Partners, Ltd. deposited $80,362.03 into Aries' trust account. The merger with InfiniteWorld, a leading Web3 and Metaverse company, aims to enhance consumer engagement through digital content monetization.
Aries I Acquisition Corporation (NASDAQ: RAM, RAMMU, RAMMW) announced an extension of the deadline to finalize its business combination with Infinite Assets, Inc. from August 21, 2022, to September 21, 2022. This marks the first of up to twelve one-month extensions allowed under its governing documents. In support of this Extension, Aries Acquisition Partners, Ltd. deposited $80,362.03 into Aries' trust account. The merger with InfiniteWorld, a prominent Web3 and Metaverse infrastructure provider, aims to enhance consumer engagement through digital content.
Aries I Acquisition Corporation (NASDAQ: RAM, RAMMU, RAMMW) has extended its deadline to finalize a business combination with Infinite Assets, Inc. from May 21, 2022, to August 21, 2022. This extension, the first of two allowed, includes a $1,078,125 deposit from Aries Acquisition Partners, Ltd. to its trust account. Infinite Assets, a Metaverse infrastructure platform, aims to enhance digital consumer engagement for brands. The upcoming business combination is expected to significantly impact both companies' operations and market presence.
