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Vision Sensing Acquisition Corp. (NASDAQ:VSACU, VSAC, VSACW))) (the "Company" or "VSAC"), a special purpose acquisition company, announced that the Sponsor, Vision Sensing LLC, did not deposit the required extension fee into the Company's trust account at Continental Stock Transfer & Trust Company, which was due on October 3, 2024, in order to extend the date by which the Company must consummate its initial business combination from October 3, 2024, to November 3, 2024. VSAC is no longer able to pursue a business combination. Therefore, the Company will dissolve and liquidate.
Delisting of the Company
On October 8, 2024, the Company notified The Nasdaq Stock Market ("Nasdaq") that the required extension fees were not deposited into the Company's trust account at Continental Stock Transfer & Trust Company and that the Company seeks a voluntary delisting. The Company expects that Nasdaq will file a Form 25 with the U.S. Securities and Exchange Commission (the "Commission") to delist its securities, and that the delisting will become effective ten days after Nasdaq files the Form 25 with the Commission to complete the delisting. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
Posted In: VSAC
