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NEW YORK, New York, May 23, 2023 (GLOBE NEWSWIRE) — Forum Merger IV Corporation (NASDAQ: FMIV) (“FMIV” or the “Company”) today announced that it has elected to serve on its board of directors (the “Board”). FMIV extends the Trade Consortium’s (the “Deadline”) date from May 22, 2023 for an additional month to June 22, 2023. .
FMIV’s amendment to the Amended and Restated Certificate of Incorporation (the “Amended Charter”) extended the deadline from March 22, 2023 to April 22, 2023, and granted FMIV the right to extend the date on which the First Business Combination must be completed. Each time up to seven times for an additional one month (the “Extension”) until November 22, 2023. As mentioned earlier, in April 2023, the board implemented its first extension and extended the final deadline to May 22. 2023. On May 17, 2023, pursuant to the amended charter, the Board decided to extend the deadline to June 22, 2023, to give FMIV more time to complete its initial mandate. In response to the Board’s decision to extend the deadline to June 22, 2023, $175,000 was placed in the FMIV Trust Register on May 23, 2023.
About Forum Integration IV Corporation
Forum Integration IV Corporation is a blank check company incorporated in Delaware on January 15, 2021. The company is formed to effect a merger, capital stock exchange, asset acquisition, share buyback, reorganization or other similar business combination with one or more companies. businesses. The Company is not limited to a particular industry or sector for purposes of completing a business combination. The Company is an early stage and emerging growth company, and as such, the Company is subject to all the risks associated with early stage and emerging growth companies.
Forward-looking statements
This press release may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of Oral Statements and Securities by Company Representatives from time to time. The Exchange Act of 1934, as amended, and all other statements regarding potential business combinations and financing and related matters, as well as statements of historical facts contained in this press release, are forward-looking statements. In this press release, words such as “expect,” “believe,” “continue,” “may,” “estimate,” “expect,” “expect,” “could,” “could,” “could,” “plan” are used when referring to the Company or the Company’s management team. “may,” “potential,” “forecast,” “project,” “anticipate” and similar expressions identify forward-looking statements. Such forward-looking statements are based on management’s beliefs, as well as estimates made by the Company’s management and information currently available. Actual results may differ materially from those contemplated by the forward-looking statements due to certain factors set forth in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements of the Company or persons acting on behalf of the Company are fully qualified by this paragraph. Forward-looking statements are subject to many conditions, many of which are beyond the Company’s control, including those set forth in the Risk Matters section of the Company’s Annual Report on Form 10-K filed with the SEC on March 31, 2023, and any subsequent quarterly report on Form 10-Q filed with the SEC. We file other reports with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
David Boris
(212) 739-7860
david@forummerger.com
www.forummerger.com
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