Globalink Investment Seeks Another Year to Get a Deal Done | SPAC Feed

Coming up on two years after its IPO, Globalink Investment filed a proxy seeking shareholder approval for another 12 months to find and complete a merger. The SPAC wants monthly extensions up to a new deadline of Dec. 9, 2024.

Globalink Investment in March terminated a deal with Tomorrow Crypto Group. That same month the SPAC lost nearly 59% of its trust value to redemptions in connection with an extension vote. 

After raising $100 million in a December 2021 IPO, Globalink began pursuing targets in North America, europe, South East Asia, and Asia (excluding china, hong kong and Macau) in the technology industry, specifically within the e-commerce and payments sectors. Read more.

Source: Globalink Investment Seeks Another Year to Get a Deal Done

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• Source: https://spacfeed.com/globalink-investment-seeks-another-year-to-get-a-deal-done