26 Capital Acquisition Corp
26 Capital Acquisition Corp Announces Extension of Merger Agreement End Date with UE Resorts International

26 Capital Acquisition Corp and UE Resorts International have extended their merger agreement end date.
The groups reiterated their “mutual commitment to and strong support of” the previously announced agreement dated 15 October 2021 by jointly consenting to extend the termination date. Both parties have agreed to extend the date from 1 October 2022 until 1 October 2023.
“The extension of the termination date illustrates the commitment on the part of both parties to successfully close the merger transaction contemplated by the agreement. The amendment will provide additional time to complete the transaction. Both parties remain dedicated to working to close the transaction as expeditiously as possible,” a statement from 26 Capital read.
“Upon closing of the transaction, UERI will become a publicly traded company and have its common stock and warrants listed on Nasdaq. When completed, the merger will bring together the complementary strengths of both organisations allowing the publicly traded company to unlock value and drive growth opportunities for the business and its shareholders.”
Jason Ader, Chairman and CEO of 26 Capital, said: “I remain extremely excited about this transaction and the opportunity for our investors to participate in one of the fastest growing Asian gaming markets.
“The fact that Universal Entertainment is willing to extend the agreement by a year demonstrates the dedication of both parties to complete the merger.”
Powered by WPeMatico
-
Aristocrat Interactive5 days ago
Aristocrat Interactive Delivers Custom Branded Game “Caesars Ultimate Stars” for Caesars Sportsbook & Casino
-
Blokotech6 days ago
Blokotech appoints Nicolas Castearena as Commercial Director LATAM
-
BCLC6 days ago
BCLC Launches “What’s played here stays here” Campaign
-
Latest News5 days ago
Embark on an Epic Adventure with Jenny Nevada in the Diamond Temple at SlotsCapital.lv – Enjoy a 150% Deposit Bonus
-
Compliance Updates6 days ago
Continent 8 achieves ISO 50001 certification, championing responsible energy management in its data centres
-
Latest News6 days ago
Enhanced bonus play and stylish collects await in Blueprint Gaming’s Kong 3 Even Bigger Bonus™
-
Cryptocurrency5 days ago
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration
-
Asia6 days ago
FOMO7 Expands Platform with 46 New Indian Lottery Games