InterPrivate III Financial deadline for initial business combination extended

InterPrivate III Financial Partners I announced that its board of directors has decided to extend the date by which the Company must consummate an initial business combination from April 9, for an additional month, to May 9, 2023, the second of three potential one-month extensions of the Deadline Date available to the Company. The Company’s Amended and Restated Certificate of Incorporation provides the Company the right to extend the Deadline Date up to three times for an additional one month each time from March 9 to up to June 9. As previously disclosed, in December 2022, the Board had implemented a first Extension and had extended the initial Deadline Date to April 9 . On March 29 pursuant to the Charter, the Board determined to implement a second Extension to allow additional time for the Company to complete its initial business combination. In connection with the second Extension, the Company deposited $120,100.56 for the second month of the Extension. On April 4 the Company deposited such contribution into the Company’s trust account.