other material
confidence high
sentiment neutral
materiality 0.60
Chain Bridge I extends SPAC deadline to Nov 2026 via monthly trust contributions from Fulton AC
Chain Bridge I
- Fulton AC to contribute $0.01 per non-redeemed public share monthly starting Nov 16, 2025.
- Total new contributions capped at ~$54,688; prior contributions total ~$107,188.
- Extension from Nov 15, 2025 to Nov 15, 2026 contingent on shareholder vote at Oct 29, 2025 meeting.
- In exchange, Fulton AC will receive equity in the surviving entity if a business combination closes.
- If extension not approved, company will wind up and liquidate.