Copley Acquisition Holds Extraordinary General Meeting
Bitget2026/11/05 23:41- Copley Acquisition shareholders approved deadline extensions at a meeting convened October 29, 2026, and adjourned to November 2, 2026.
- The articles amendment permits 12 monthly extensions through November 2, 2027, requiring a $200,000 trust deposit for each extension.
- Shareholders also approved extending the trust liquidation deadline to November 2, 2027; the trust agreement amendment was executed November 2, 2026.
- An initial $200,000 deposit extended the deadline to December 2, 2026, funded through a $2.4 million unsecured non-interest-bearing promissory note.
- Holders redeemed 12,889,720 Class A ordinary shares at approximately $10.63 each, totaling $137.12 million; approximately $46.24 million remains in trust.
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