Embrace Change Acquisition Corp. shareholders approve extension to Aug 2025; 2.9M shares redeemed

Embrace Change Acquisition Corp.

Shareholders approved extending business combination deadline from Aug 12, 2024 to Aug 12, 2025 via 12 one-month extensions.
Company must deposit $75,000 per outstanding public share into trust for each monthly extension.
At extraordinary general meeting on Aug 12, 2024, 2,903,151 ordinary shares were redeemed, leaving 4,520,024 shares outstanding.
Extension vote: 4,528,994 FOR, 975,484 AGAINST; Trust amendment vote: 3,828,007 FOR, 975,484 AGAINST.

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