Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to February 3, 2024
03 Januar 2024 - 10:30PM
Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the
“
Company”) a special purpose acquisition company,
announced today that yesterday its sponsor, Vision Sensing, LLC,
deposited $60,000 into the Company’s trust account, which is the
sum that the Company must pay to extend the date by which the
Company must consummate its initial business combination from
January 3, 2024 to February 3, 2024 (the
“
Extension”). The Company has issued to its
sponsor a non-interest bearing, unsecured promissory note in the
principal amount of $60,000 as consideration for the funding. This
is the third of up to six one-month extensions that the Company is
authorized to obtain under its amended and restated certificate of
incorporation as recently amended on October 25, 2023. The
Extension provides the Company with additional time to find an
acquisition target and complete its initial business combination.
About Vision Sensing Acquisition
Corp.
Vision Sensing Acquisition Corp.
(“VSAC”) is a Special Purpose Acquisition Company
(“SPAC”) that has been established to focus on the
acquisition of vision sensing technologies (“VST”)
including hardware solutions (chips / modules / systems), related
application software, artificial intelligence and other peripheral
technologies that assist to integrate and/or supplement VST
applications. For more information visit
www.vision-sensing.com.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995. VSAC’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “might” and “continues,” and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, risks and uncertainties described in reports and other
public filings with the SEC by VSAC, including VSAC’s Form 10-K for
the year ended December 31, 2022 as filed with the SEC on March 24,
2023 and its most recent Forms 10-Q, as filed with the SEC on May
15, 2023 and August 28, 2023. These risk factors are not exclusive.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those indicated or anticipated by such
forward-looking statements. There may be additional risks that VSAC
does presently know, or that VSAC currently believes are
immaterial, that could cause actual results to differ from those
contained in the forward-looking statements. Readers are cautioned
not to place undue reliance upon any forward-looking statements,
which speak only as of the date made. These forward-looking
statements should not be relied upon as representing VSAC’s
assessments as of any date subsequent to the date of this press
release. VSAC undertakes no obligation to update forward-looking
statements to reflect events or circumstances after the date they
were made except as required by law or applicable regulation.
Investor Relations Contact:
Chris TysonMZ North
AmericaVSAC@mzgroup.us949-491-8235
Vision Sensing Acquisition (NASDAQ:VSAC)
Historical Stock Chart
Von Sep 2024 bis Okt 2024
Vision Sensing Acquisition (NASDAQ:VSAC)
Historical Stock Chart
Von Okt 2023 bis Okt 2024