Liberty Resources Acquisition Corp. Class A (LIBY) has released an update.
Liberty Resources Acquisition Corp. stockholders have given a nod to key proposals that could significantly shape the company’s future. At a special meeting, amendments to the Trust Agreement and Certificate of Incorporation were approved, including a provision for extending the deadline to complete an initial business combination until November 7, 2024. This extension aligns with a deposit made by the company into the Trust Account, signaling its commitment to securing a business combination. Additionally, changes were made to facilitate actions by the Board and to allow Class B common stockholders to convert their shares to Class A on a one-to-one basis, enhancing the company’s flexibility to finalize its business combination.
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