other material
confidence high
sentiment neutral
materiality 0.70
Chain Bridge I sets record date April 4, trust value $10.44, enters LOI with merger target
Chain Bridge I
- Extraordinary general meeting on May 5, 2023 to vote on extension proposal for SPAC deadline.
- Record date corrected to April 4, 2023, not March 29 as initially reported in proxy.
- Trust account per-share value on March 29 was approximately $10.44, matching closing price.
- Non-binding letter of intent signed with a potential business combination target (Partner).
- Definitive agreement not yet reached; completion subject to due diligence and negotiation.