Banyan Acquisition Corporation (NYSE: BYN.U, BYN, BYN.WS) (the “Company”), a special purpose acquisition company, announced today that at its special meeting of stockholders on April 21, 2023 (the “Meeting”), the Company’s stockholders voted in favor of the proposal to amend (the “Charter Amendment”) the Company’s amended and restated certificate of incorporation (the “Charter”) and in favor of a proposal to amend the investment management trust agreement (the “Trust Amendment”), dated as of January 19, 2022, between the Company and Continental Stock Transfer & Trust Company (the “Trust Agreement”), and the Company has implemented the Charter Amendment and the Trust Amendment. Additionally, as permitted by the Charter Amendment and the Trust Amendment, the Company has now extended the period by which it must complete a business combination by eight months from April 24, 2023 to December 24, 2023.
Banyan Acquisition Corporation Announces Stockholder Approval of Amendments to Charter and Trust Agreement and Extension of Business Combination Period
Apr 21, 2023
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