nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
nevent1qqsfxmpfxhd7sey2j7v2dsqd6nn6xsn49jccn8qhdgs8lv9z9sep7qspndmhxue69uhkummn9ekx7mp0y5erqamnwvaz7tmwdaehgu3wd3skuep0y5erqffjxpshvct5v9ez2v3swaehxw309ahx7um5wgh8w6twv5hj2v3sy5erqctkv96xzu39xgc8wumn8ghj7ur4wfcxcetjv4kxz7fwvdhk6te9xgc8wumn8ghj7un9d3shjtnyv9kh2uewd9hj7ffjxpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9u24c8vj
The deal is pending shareholder approval and standard closing conditions…in essence, TBD
Everyone seems onboard and the administration is presumably supportive so I’m confident that it eventually closes. I’m more interested in the timing. Like in the next month? 3Q25? 2026?
Chat GPT gave me this … seems reasonable.
A typical SPAC (Special Purpose Acquisition Company) merger takes 3 to 6 months to close after the merger announcement, though the timeline can vary depending on several factors.
Key phases in that 3–6 month window:
1. Definitive Agreement Signed: Public announcement of the merger.
2. SEC Review: The SPAC files an S-4 registration statement. The SEC reviews it, which often takes 6–12 weeks, including rounds of comments.
3. Shareholder Vote: After SEC approval, the SPAC sets a date for its shareholders to vote on the merger. Typically requires 3–6 weeks of notice.
4. Redemptions and Closing: Once the vote passes and redemptions are processed, the transaction can close—usually within days of the vote.
Factors that can extend the timeline:
• Lengthy SEC review due to complex disclosures.
• Delays in audited financials or required restatements.
• Litigation or regulatory concerns.
• Need for additional financing (e.g., PIPE round).
nevent1qqsdz7h8md9emu9hwzxug49sesssmxvatpz6hdndkux57rv5ltl3ncqppemhxue69uh5qmn0wvhxcmmv3q8h5x
