AltEnergy extends SPAC deadline to May 2024 by entering non-redemption deals for 1.25M shares

AltEnergy Acquisition Corp

Non-redemption agreements with unaffiliated holders for 1,250,000 Class A shares.
Sponsor forfeits 250,000 Class B shares for no consideration.
Company issues same number of Class A shares to the non-redeeming holders upon business combination close.
Extension vote seeks to move termination date from May 2, 2023 to May 2, 2024.
Most favored nation clause ensures no holder gets a better share-exchange ratio.

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