TradeUP Acquisition Extends Business Combination Deadline by One Month

marketwatch
19 Sep 2023

By Denny Jacob

 

TradeUP Acquisition deposited funds into its trust account to extend the date it must complete its initial business combination to Oct. 19 from Sept. 19.

The blank check company said it deposited an aggregate of $37,432.70, its monthly extension fee, into its account, representing about 5 cents per remaining share of the company.

The payment was made by Estrella Biopharma, a Delaware corporation.

TradeUP may extend the deadline to complete its business combination up to July 14.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

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