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LONDON - Technology & Telecommunication Acquisition Corporation (TETE) has extended its deadline to complete a merger exercise by six months, according to an announcement from MobilityOne Limited (AIM:MBO).
In a Form 8-K filing with the U.S. Securities and Exchange Commission on Tuesday, TETE reported that following shareholder approval of an amendment to its charter, the company has extended the deadline to consummate a business combination from August 20, 2025, to February 20, 2026.
The extension provides TETE with a period ending 49 months after the consummation of its initial public offering to complete the transaction.
MobilityOne, an e-commerce infrastructure payment solutions and platform provider, noted the development as it relates to a proposed joint venture with Super Apps that was previously announced.
The filing was made public as part of MobilityOne’s ongoing disclosure obligations regarding the potential business arrangement. MobilityOne indicated it would provide further updates on the matter when appropriate.
This information is based on a press release statement issued by MobilityOne Limited on Wednesday.
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