Kingswood Acquisition (KWAC) has released an update.
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Kingswood Acquisition Corp. has amended its certificate of incorporation, extending the deadline to complete its initial business combination from February 24, 2024, to March 15, 2024, as approved in a special stockholders’ meeting with an overwhelming majority vote. This move allows the company additional time to possibly merge or reorganize with one or more businesses, while also setting the stage for potential future investments. This strategic step is critical for the company’s growth and reflects careful planning and stockholder consensus.
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