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Bannix Acquisition Corp. ( (BNIX) ) just unveiled an update.
On January 16, 2025, Bannix Acquisition Corp. announced that its board had extended the deadline for completing its initial business combination to February 14, 2025. This decision follows a stockholder-approved amendment allowing Bannix to extend this deadline up to six times, until March 14, 2025. This extension reflects Bannix’s ongoing efforts to secure a suitable business combination, impacting the company’s strategic timeline but offering additional flexibility to stakeholders.
More about Bannix Acquisition Corp.
Bannix Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) designed to facilitate mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with various entities.
YTD Price Performance: 1.03%
Average Trading Volume: 1,635
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.26M
For an in-depth examination of BNIX stock, go to TipRanks’ Stock Analysis page.
