Springwater Special Situations Adjourns Meeting on Extension Plan to Next Week

Springwater Special Situations adjourned its stockholders meeting yesterday until Feb. 27 at 2 p.m. “to allow additional time for the company to engage with its stockholders regarding redemption reversals,” according to an 8-K filing.

The SPAC wants to push its Feb. 28 deadline to Aug. 28.

Springwater raised $150 million in an Aguust 2021 IPO. Springwater in its initial S-1 registration said it would target “media, engineering construction, engineering services, facility management and services, food and beverages, semiconductor, aerospace, paper and pulp, logistics and distribution, IT services, software solutions, tourism, hospitality, aviation, retail, precious metals trading and services, oil and gas, renewable energies, environmental services, steel, household appliances, construction materials and shipping and cruise industries.” Read more.

Source: Springwater Special Situations Adjourns Meeting on Extension Plan to Next Week

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