China chip stocks rally on self-reliance bets, Nvidia scrutiny
Oak Woods Acquisition Corp (NASDAQ:OAKU) has extended the deadline to complete its initial business combination to July 28, 2025, according to a statement released Thursday based on a recent SEC filing.
The extension follows a provision approved by shareholders at the company’s Extraordinary General Meeting on March 20, 2025, which allows for up to six one-month extensions of the original deadline. Each extension is contingent on the company’s sponsor depositing $172,500 into the company’s trust account before the expiration of the previous extension period.
As of June 28, 2025, the sponsor had deposited the required amount for the fourth time, enabling the company to utilize the fourth of six possible one-month extensions. The company’s Amended and Restated Memorandum and Articles of Association were amended in March to permit these extensions.
Oak Woods Acquisition Corp is incorporated in the Cayman Islands and lists its units, ordinary shares, rights, and warrants on the Nasdaq Stock Market under the symbols OAKUU, OAKU, OAKUR, and OAKUW, respectively.
The company’s principal executive offices are located in Nepean, Ontario, Canada. The filing also notes that Oak Woods Acquisition Corp qualifies as an emerging growth company under applicable SEC regulations.
This information is based on a press release statement and the company’s Form 8-K filed with the Securities and Exchange Commission.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.