Acri capital acquisition corporation announces confidential submission of draft registration statement on form s-4 and extension of the deadline for an initial business combination
Austin, texas, april 10, 2024 (globe newswire) -- acri capital acquisition corporation (the “company”) (nasdaq: acac), a special purpose acquisition company, today announced that, in relation to its previously announced proposed business combination (the “transaction”) with foxx development inc. (“foxx”), a texas based consumer electronics and integrated internet-of-things (iot) solution company, and pursuant to a certain business combination agreement (the “business combination agreement”) by and among the company, acri capital merger sub i inc.(“pubco”), acri capital merger sub ii inc., and foxx dated february 18, 2024, on april 5, 2024, pubco submitted a confidential draft of registration statement on form s-4, including a preliminary proxy statement/prospectus (the “registration statement”), to the u.s. securities and exchange commission (the “sec”).
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