Achari Ventures Holdings Corp. I (NASDAQ:AVHI) announced this morning that it has adjourned today’s extension vote to 2:00 p.m. ET, December 22.
The Special Meeting is being held for the purpose of gaining approval to extend Achari’s timeline by three months, from January 19, 2023 to April 19, 2023, or by six months to July 19, 2023.
Achari I has not yet announced a business combination, but intends to focus on an ancillary (non-plant touching) company operating in the cannabis industry, including equipment, hardware, technology/software, or hydroponics. The SPAC announced the pricing of its $100 million IPO in October 2021.
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