The Growth for Good Acquisition Corp. (GFGD) Adjourns Completion Vote
by Marlena Haddad on 2023-08-28 at 4:58pm

The Growth for Good Acquisition Corporation (NASDAQ: GFGD) announced in a press release today that it convened and then adjourned, without conducting any other business, its special meeting to August 30 at 10:00 a.m. ET.

Shareholders will be voting on a proposal to approve The Growth for Good’s business combination with EV-maker ZeroNox.

Initially scheduled for August 23, this marks the second time the SPAC has pushed back its completion vote. It did not disclose why today’s meeting was adjourned, but, during the first postponement, The Growth for Good stated it was working through certain agreements for the subscription of shares in a PIPE financing. The SPAC was able to use those extra few days to secure a $5 million PIPE for its combination from investors including trailer and tractor-makers Premier and Kubota as well as Formula-E racing team NIO 333.

The two parties inked the $306 million deal earlier this year in March. Porterville, California-based ZeroNox manufactures electric drivetrains for a wide range of off-highway vehicles like golf carts, forklifts and all-terrain vehicles.

The combined company is expected to trade on the Nasdaq under the symbol “ZNOX” once the deal is completed.

The Growth for Good Acquisition Corp. (GFGD) Adjourns Completion Vote
Recent Posts
by Nicholas Alan Clayton on 2025-06-27 at 11:20am

Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...

by Nicholas Alan Clayton on 2025-06-27 at 8:25am

At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...

by Nicholas Alan Clayton on 2025-06-26 at 7:04pm

FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...

by Nicholas Alan Clayton on 2025-06-26 at 4:52pm

Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...

by Nicholas Alan Clayton on 2025-06-26 at 8:24am

At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved