Insight Acquisition Corp Stockholders Approve Extension of Business Combination Period Through March 7, 2025
Friday, 6th December at 3:50 pm
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Insight Acquisition Corp. (NASDAQ: INAQ) announced today that its stockholders have approved an extension of the time period by which the Company has to consummate an initial business combination (the "Business Combination Period") from December 7, 2024, to March 7, 2025 (the "Extended Termination Date"). The extension was made through the adoption of the Fourth Extension Amendment to the Company's amended and restated certificate of incorporation (the "Charter"), which was filed today with the Delaware Secretary of State.
Adoption of the Fourth Extension Amendment required approval by the affirmative vote of at least 65% of the Company's outstanding shares of common stock. The proposal was approved by the Company's stockholders holding 4,950,037 shares, representing approximately 75.93% of the Company's outstanding shares of common stock.