New York, NY, Dec. 14, 2022 (GLOBE NEWSWIRE) -- On December 14, 2022, the stockholders of JOFF Fintech Acquisition Corp. (the “Company”) approved an amendment to the Company’s amended and restated certificate of incorporation (the “Charter Amendment”) to (i) allow the Company to unwind and redeem all of its outstanding public shares on the later of (x) December 14, 2022 or (y) the date of effectiveness of the Charter Amendment (the “Early Liquidation”) and (ii) to implement an amendment to the Company’s trust agreement with Continental Stock Transfer and Trust Company (the “Trust Agreement”) so as to permit the Company to withdraw from its trust account certain additional amounts of interest income to provide the Company with a 60% share of the cash tax savings resulting from the Early Liquidation (such amounts, the “Shared Cash Savings Amount”). The Company filed the Charter Amendment with the Secretary of State of the State of Delaware and executed the Trust Agreement on December 14, 2022.
JOFF Fintech Acquisition Corp. Amends Charter to Unwind Before Year-End and Announces December 14, 2022 as Amended Termination Date and Announces Key Dates in Connection with the Liquidation
Dec 14, 2022
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