Arisz Acquisition Corp. Announces Intent to Extend Deadline to Complete Business Combination

New York, NY, Feb. 07, 2023 (GLOBE NEWSWIRE) --  Arisz Acquisition Corp. (NASDAQ: ARIZ (“Arisz” or the “Company”), a special purpose acquisition company, announced today that, on February 7, 2023, it notified the trustee of the Company’s trust account of its intent to extend the time available to the Company to consummate a business combination from February 22, 2023 to May 22, 2023 (the “Extension”). The Extension is the second of up to two three-month extensions permitted under Arisz’s governing documents. In connection with such Extension, Arisz Investments LLC, the Company’s sponsor, will deposit an aggregate of $690,000 into Arisz’s trust account prior to February 22, 2023, on behalf of the Company. Arisz will issue a press release the day after the applicable deadline announcing that the funds have been timely deposited. The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).

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