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Insight Corp ( (INAQ) ) has issued an announcement.
Insight Acquisition Corp. announced that its stockholders have approved an extension of the period for completing an initial business combination from December 7, 2024, to March 7, 2025. This extension, which required the affirmative vote of at least 65% of the company’s outstanding shares and was approved by 75.93% of shares, allows Insight Acquisition Corp. more time to finalize its agreement with Alpha Modus, enhancing their market positioning and operational timeline.
More about Insight Corp
Insight Acquisition Corp. (NASDAQ: INAQ) is a special purpose acquisition company (SPAC) formed to facilitate mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. The company is sponsored by Insight Acquisition Sponsor LLC.
YTD Price Performance: -4.26%
Average Trading Volume: 5,597
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $67.34M
For a thorough assessment of INAQ stock, go to TipRanks’ Stock Analysis page.
