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LONDON - MobilityOne Limited (AIM:MBO), a provider of e-commerce infrastructure payment solutions and platforms, has announced an extension to the deadline for its planned joint venture with Super Apps. According to a Form 8-K report filed by Technology & Telecommunication Acquisition Corporation (TETE) with the United States Securities and Exchange Commission (SEC), the new deadline to complete the merger exercise is now set for August 20, 2025.
This extension represents a four-month delay from the original deadline of April 20, 2025, and comes after TETE’s shareholders approved a Charter Amendment. The amendment, filed in the Cayman Islands on April 16, 2025, grants TETE the right to postpone the date for finalizing a business combination up to 43 months following TETE’s initial public offering.
MobilityOne has committed to providing further updates regarding the joint venture as developments occur. The terms used in this announcement carry the same meanings as those in the company’s previous announcement dated October 19, 2022.
The extension may allow both MobilityOne and Super Apps additional time to finalize the terms and conditions of their proposed collaboration. The joint venture aims to leverage MobilityOne’s expertise in payment solutions with the innovative technology of Super Apps, although specific details of the collaboration have not been disclosed.
This news is based on a press release statement and further information regarding the joint venture will be disclosed in due course.
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