Welcome to our dedicated page for SHOULDERUP TECHNOLOGY ACQUISIT news (Ticker: SUAC), a resource for investors and traders seeking the latest updates and insights on SHOULDERUP TECHNOLOGY ACQUISIT stock.
ShoulderUp Technology Acquisition Corp (SUAC) provides investors with comprehensive updates on strategic moves in technology and cybersecurity markets. This dedicated news hub tracks the blank check company's merger activities, leadership decisions, and sector-specific developments through verified press releases and objective reporting.
Access real-time updates on SUAC's progress in identifying acquisition targets, with particular emphasis on cybersecurity innovations and emerging technologies. The curated collection includes merger announcements, partnership details, and executive commentary from the industry-leading diverse management team.
Key focus areas span technology infrastructure investments, cybersecurity market consolidation, and leadership-driven strategic decisions. Users benefit from centralized access to SUAC's market positioning updates without promotional bias or speculative content.
Bookmark this page for ongoing insights into how SUAC's unique combination of operational expertise and diverse leadership navigates the dynamic tech acquisition landscape. Check regularly for authoritative updates on the company's progress in executing its value-driven acquisition strategy.
ShoulderUp Technology Acquisition Corp. announced the postponement of its Special Meeting of Stockholders from May 15, 2024 to May 17, 2024. The meeting will be held virtually at 3:00 p.m. ET. The record date remains April 19, 2024, allowing stockholders of that date to vote or change their votes if needed. The deadline for submitting Public Shares for redemption in relation to the Charter Amendment Proposal has been extended to the new meeting time. Stockholders can withdraw their redemption requests before the rescheduled meeting.
ShoulderUp Technology Acquisition Corp. (NYSE: SUAC) announced the approval of proposals to amend its Investment Management Trust Agreement and Certificate of Incorporation, extending the deadline for finalizing a business combination from May 19, 2023, to November 19, 2023. During the vote, stockholders redeemed 25,845,428 shares at approximately $10.43 each, totaling about $269.6 million. Following these redemptions, approximately $43.3 million will remain in the trust account, and 4,154,572 shares will be outstanding.
This extension allows ShoulderUp additional time to identify potential business combinations, enhancing its strategic position in the market.
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