ExcelFin Acquisition Corp Class A (XFIN) has shared an announcement.
ExcelFin Acquisition Corp. and Betters Medical Investment Holdings Limited have amended their Business Combination Agreement, with key changes including the vesting of Betters’ shares in PubCo and the adjustment of the maximum extension date for the deal’s completion. Investors should note that 70% of Betters’ shares will be immediately tradable, while the remaining 30% are subject to performance-based vesting. The amendment removes the requirement for a minimum cash threshold and sets a new deadline for the business combination, underscoring the evolving nature of such financial deals in the stock market.
Learn more about XFIN stock on TipRanks’ Stock Analysis page.
