GlobeNewswire Inc. · Nov 22, 2023
SINGAPORE, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP” or the “Company”), a special purpose acquisition company, announced that its press release dated November 17, 2023 incorrectly stated that, “As of the close of business on November 15, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.” The Company’s publicly held Class A ordinary shares (the “Public Shares”) have not been cancelled, however the Nasdaq Stock Market has placed a trading halt on the Public shares. The trading halt will remain in place until the Company sets a redemption date for the Public Shares, at which point trading of the Public Shares will resume until the redemption date occurs.
GlobeNewswire Inc. · Nov 17, 2023
SINGAPORE, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP” or the “Company”), a special purpose acquisition company, announced that it has terminated its Business Combination Agreement with Avanseus Holdings Pte. Ltd. (“Avanseus”) and that it did not extend the deadline to complete its initial business combination to November 15, 2023 therefore it will dissolve and liquidate. Four of its non-management directors and its president and chief operating officer have resigned.
GlobeNewswire Inc. · Oct 16, 2023
SINGAPORE, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today that on October 13, 2023, the Company deposited into its trust account an aggregate of $24,279.65 representing $0.05 per share for each of its 485,593 outstanding publicly held Class A ordinary shares. The deposit enables the Company to extend the period of time it has to consummate its initial business combination by one month from October 15, 2023 to November 15, 2023 (the “Extension”). The Extension is the seventh of up to nine one-month extensions permitted under the Company’s governing documents. The funds came from a non-interest-bearing loan from an affiliate of the Company’s Sponsor and co-chief executive officers.
GlobeNewswire Inc. · Oct 11, 2023
SINGAPORE, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today that it has notified Continental Stock Transfer and Trust Company that it intends to extend the deadline to complete its initial business combination from October 15, 2023 to November 15, 2023 by depositing $24,279.65 into its Trust Account by October 15, 2023. This is the seventh of up to nine 1-month extensions that FATP is authorized to obtain under its Amended and Restated Memorandum and Articles of Association, as amended.
