Technology & Telecommunication Acquisition extends deadline for business combination

Published 26/08/2025, 22:04
Technology & Telecommunication Acquisition extends deadline for business combination

Technology & Telecommunication Acquisition Corporation (OTC Pink:TETEF, TETWF, TETUF) announced Monday that its shareholders have approved amendments to extend the deadline for completing a business combination by six months, moving the end date from August 20, 2025, to February 20, 2026.

At the extraordinary general meeting held on August 20, 2025, shareholders voted in favor of two proposals: amending the company’s Amended and Restated Memorandum and Articles of Association, and amending its investment management trust agreement with Continental Stock Transfer & Trust Company. Both measures allow the company to extend the time available to complete a business combination to a total of 49 months after its initial public offering.

According to the company’s filing with the Securities and Exchange Commission, there were 3,982,043 ordinary shares eligible to vote as of the March 28, 2025 record date, with 85.57% of shares represented at the meeting. Both proposals received 3,407,501 votes in favor, with no votes against or abstentions.

In connection with the meeting, shareholders elected to redeem a total of 560,061 ordinary shares.

The amendments became effective August 20, 2025, following shareholder approval and the filing of the changes with the Registrar of Companies in the Cayman Islands.

This information is based on a statement in the company’s recent SEC filing.

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