Global System Dynamics, Inc. Announces Sponsor Funding of Additional One-Month Extension to Complete its Initial Business Combination

May 05, 2023

Global System Dynamics, Inc. (Nasdaq: GSD) (“GSD” or the “Company”) today announced that its sponsor, DarkPulse, Inc. (the “Sponsor”), has deposited an aggregate of $83,947 (representing approximately an additional $0.0625 per public share) into the Company’s trust account for the benefit of its valued public stockholders. This additional contribution enables the Company to extend the date by which the Company has to complete its initial business combination for an additional one-month extension from May 9, 2023 to June 9, 2023. Such contribution effectively increases the pro rata portion of the funds available in the Company’s trust account in the event of the consummation of an initial business combination, liquidation, or other redemption event, by $0.0625 per share.

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