Battery Future Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Jun 12, 2023

Battery Future Acquisition Corp. (NYSE: BFAC.U, BFAC, BFAC.WS) (“BFAC” or the “Company”), a special purpose acquisition company, announced today that, on June 12, 2023, its sponsor, Battery Future Sponsor LLC (the “Sponsor”), requested that BFAC extend the date by which BFAC has to consummate a business combination from June 17, 2023 to August 17, 2023 (the “Extension”). The Extension is the first two of up to twelve one-month extensions permitted under BFAC’s governing documents. In connection with such Extension, the Sponsor has notified BFAC that it intends to cause an aggregate of $500,000 to be deposited into BFAC’s trust account on or before June 17, 2023. The Extension provides BFAC with additional time to complete a business combination.

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