Battery Future Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Deadline to Consummate Business Combination

Author's Avatar
Jun 14, 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 14, 2023, its sponsor, Battery Future Sponsor LLC, timely deposited an aggregate of $500,000 (the “Extension Payment”), representing $0.24 per public share, into BFAC’s trust account in order to extend the date by which BFAC has to consummate a business combination from June 17, 2023 to August 17, 2023 (the “Extension”). The Extension provides BFAC with additional time to complete a business combination.