SAN FRANCISCO, February 9, 2023 (Newswire.com) - Green Visor Financial Technology Acquisition Corp. I (Nasdaq: GVCI) (the "Company") announced today that its board of directors has elected to extend the date by which the Company has to consummate a business combination from Feb. 12, 2023, to May 12, 2023 (the "Extension"), as contemplated by the Company's registration statement on Form S-1 (File No. 333-260199). On Feb. 2, 2023, the Company's sponsor, Green Visor Capital SPAC I Holdings LLC, notified the Company that it intends to deposit an aggregate of $2,001,000 (representing $0.10 per public share) into the Company's trust account on or before Feb. 12, 2023. The Extension provides the Company with additional time to complete its initial business combination.
About Green Visor Financial Technology Acquisition Corp. I
Green Visor Financial Technology Acquisition Corp. I is a blank-check Cayman Islands-exempted company formed by Green Visor Capital SPAC I Holdings LLC, for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets.
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Vice President & Chief Financial Officer
Original Source: Green Visor Financial Technology Acquisition Corp. I Announces Extension of Deadline to Complete Initial Business Combination