Longevity Extends Acquisition Deadline to May
Longevity Acquisition Corp. (Nasdaq: LOACU) announced Tuesday that it has extended the period of time to execute on a planned business acquisition by three months to May 28, 2020.
Whale Management Corp., Longevity's sponsor, has deposited into Longevity's trust account an aggregate of $400,000, representing $0.10 per public share, the company added in today's announcement.
Based in Shanghai, Longevity operates as a blank check company. The company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization, according to the company.