Provided By GlobeNewswire
Last update: Nov 21, 2023
Investments Held in the Trust Account Converted Into Cash
Held in an Interest-Bearing Bank Demand Deposit Account
New York, NY, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Arisz Acquisition Corp. (NASDAQ: ARIZ (“Arisz” or the “Company”), a special purpose acquisition company, announced today that Arisz Investments LLC, the Company's initial public offering sponsor, has timely deposited into the Company's trust account (the “Trust Account”) , an aggregate of $120,000, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from November 22, 2023 to December 22, 2023 (the “Extension”). The Extension is the seventh of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp. The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
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