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Aimfinity Investment Corp. I Shareholders Approve Business Combination Deadline Extension and NTA Requirement Removal
AIMTF
Proxy Vote Outcomes
M&A
Debt Issuance
- Aimfinity Investment Corp. I shareholders approved an amendment to extend the deadline for an initial business combination from October 28, 2025, allowing for up to nine one-month extensions until July 28, 2026.
- The first one-month extension, from October 28, 2025, to November 28, 2025, was funded by a $500 deposit into the trust account by I-Fa Chang.
- This $500 payment was evidenced by an unsecured promissory note issued to I-Fa Chang, convertible into PubCo ordinary shares at $10.00 per share upon the closing of the business combination with Docter Inc..
- Shareholders also approved the removal of the requirement for the company to maintain net tangible assets of at least $5,000,001 to consummate a business combination or redeem public shares.
Oct 28, 2025, 1:05 AM
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