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The latest announcement is out from Bannix Acquisition Corp. (BNIX).
Bannix Acquisition Corp. shareholders recently approved an extension to allow the company more time to complete a business combination by September 14, 2024. This extension can be further prolonged monthly up to six times by board resolution. If needed, Bannix’s sponsor will contribute to the trust account with each extension, with the latest deposit of $25,000 made on April 15, 2024. This move aims to provide Bannix with the flexibility to finalize a promising business deal, as announced in their latest press release.
Learn more about BNIX stock on TipRanks’ Stock Analysis page.
