Acri capital acquisition corporation. announces extension of the deadline for an initial business combination

Austin, texas, march 13, 2023 (globe newswire) -- acri capital acquisition corporation (the “company”) (nasdaq: acac), a special purpose acquisition company, today announced that, in order to extend the date by which the company mush complete its initial business combination from march 14, 2023 to april 14, 2023, for each public share that is not redeemed by the company's stockholders in connection with such extension (collectively, the “remaining shares”, each, a “remaining share”), acri capital sponsor llc, the sponsor of the company, has deposited into its trust account (the “trust account”) an aggregate of $227,730.87 (the “monthly extension payment”), representing $0.0625 per public share of the company.
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