other material
confidence high
sentiment neutral
materiality 0.30
Ribbon Acquisition Corp. deposits $125K to extend deadline by one month
Ribbon Acquisition Corp.
- $125,000 deposited into trust account on March 17, 2026 for a one-month extension of the business combination deadline.
- Extension authorized by previously approved shareholder amendments permitting monthly deposits.
- Company (RIBB/RUBBU/RUBBR) now has until April 17, 2026 to complete an initial business combination.
- Deposit holds $10.00 per-share redemption value for public shareholders during the extension period.