SAN FRANCISCO, Calif., Jan. 8, 2024 (Globe Newswire) — Aurora Technology Acquisition Corp. (NASDAQ: ATAKU, ATAK, ATAKW, ATAKR) (the “Company”) today announced that its sponsor, ATAC Sponsor LLC (“Sponsor”), has deposited an aggregate amount of $135,000 (the “Extended Payment”). Announced. ) He will be credited to the Company’s trust account to extend the deadline by which the Company must complete the business combination from January 9, 2024 to February 7, 2024.
The Extension Payment was loaned as a debit under an unsecured promissory note (the “Extension Note”) in the principal amount of $810,000.00 issued by the Company to the Sponsor on July 31, 2023. The Extension Notes do not bear interest and, subject to their stated terms, will be repaid in full on the earlier of (a) the date of our initial consummation of our business combination, or (b) the date of our liquidation. Described in expansion notes. Our stockholders will not have the right to vote or redeem their shares in connection with this extension.
About Aurora Technology Acquisition Corp.
Aurora Technology Acquisition Corp. is a Cayman company formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, regardless of industry or geographic location. It is a blank check company based on the island. We focus on high-growth technology companies located in North America and Asia (excluding China). We are an Asian or Asian company that is building global companies powered by forward-thinking vision and innovative frontier technologies, including but not limited to artificial intelligence, blockchain, quantum computing, electric vehicles, and more. We aim to prioritize targeted companies founded by Asian American entrepreneurs.
Forward-looking statements
This press release may contain “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 contained in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “anticipate,” “intend,” and similar expressions refer to the Company or its management. As such, these forward-looking statements contain forward-looking statements. Such forward-looking statements are based on management’s beliefs, assumptions made by the Company’s management and information currently available to the Company’s management. Actual results may differ materially from those contemplated in the forward-looking statements as a result of certain factors detailed in the Company’s SEC filings. All subsequent written or oral forward-looking statements attributable to us or our agents are qualified in their entirety by this paragraph. Forward-looking statements are subject to a number of conditions, many of which are described in the “Risk Factors” section of our registration statement and prospectus relating to our initial public offering filed with the SEC. Including, are beyond our control. We undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
contact address
Zachary Wang, CEO
Katherine Chen, CFO
Yida Gao, COO
Email: info@auroraspac.com
