Aurora Technology Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Deadline to Consummate Business Combination
04 11월 2023 - 5:15AM
Aurora Technology Acquisition Corp. (NASDAQ: ATAKU, ATAK, ATAKW,
ATAKR) (the “Company”) announced today that its sponsor, ATAC
Sponsor LLC (the “Sponsor”), has deposited an aggregate of $135,000
(the “Extension Payment”) into the Company’s trust account in order
to extend the date by which the Company has to consummate a
business combination from November 9, 2023 to December 9, 2023.
The Extension Payment was loaned as a draw down
pursuant to an unsecured promissory note the Company issued to the
Sponsor on July 31, 2023 with a principal amount equal to
$810,000.00 (the “Extension Note”). The Extension Note bears no
interest and is repayable in full upon the earlier of (a) the date
of the consummation of the Company’s initial business combination,
or (b) the date of the liquidation of the Company, subject to the
terms and conditions set forth in the Extension Note. The Company’s
stockholders are not entitled to vote on or redeem their shares in
connection with this extension.
About Aurora Technology Acquisition Corp.
Aurora Technology Acquisition Corp. is a Cayman
Island based blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses in any industry or geographic location, but
intends to focus its search on high-growth technology companies
based in North America and Asia (excluding China). The Company aims
to prioritize target companies founded by Asian or Asian-American
entrepreneurs who are building a global enterprise supported by
forward thinking visions and innovative frontier technologies that
include but are not limited to artificial intelligence, blockchain,
quantum computing, and electric vehicles.
Forward Looking Statements
This press release may include “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements other than statements of
historical fact included in this press release are forward-looking
statements. When used in this press release, words such as
“anticipate,” “believe,” “estimate,” “expect,” “intend” and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the SEC. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on our behalf are qualified in their entirety by
this paragraph. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company’s registration statement and prospectus relating to the
Company’s initial public offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Contact Information
Zachary Wang, CEOCathryn Chen, CFOYida Gao, COOEmail:
info@auroraspac.com
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