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Bannix Acquisition Corp. Extends Business Combination Deadline
Company Announcements

Bannix Acquisition Corp. Extends Business Combination Deadline

Story Highlights
  • Bannix extends the deadline for its initial business combination to January 14, 2025.
  • The extension reflects continued efforts to secure a suitable business combination with financial backing from Instant Fame LLC.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Bannix Acquisition Corp. ( (BNIX) ).

Bannix Acquisition Corp. announced it has extended the deadline to complete its initial business combination to January 14, 2025. This decision was approved by the board upon request from the sponsor, Instant Fame LLC, with a monetary contribution being made to the trust account, reflecting Bannix’s ongoing efforts to find a suitable business combination.

More about Bannix Acquisition Corp.

Bannix Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) created to facilitate mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more entities.

YTD Price Performance: 3.70%

Average Trading Volume: 3,244

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $31.93M

For a thorough assessment of BNIX stock, go to TipRanks’ Stock Analysis page.

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