Enphys Acquisition Corp. Class A (NFYS) has released an update to notify the public and investors about an entry into a material definitive agreement.
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Enphys Acquisition Corp. has issued a Second Extension Note to Enphys Management Company LLC, ensuring a monthly cash infusion into its trust account to support operations until a business combination is completed or until June 8, 2024. This move could secure up to $320,000, based on the number of outstanding shares, providing investors with a signal of sustained backing and commitment towards the company’s growth and future prospects.
For further insights into NFYS stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
