Megalith Financial Acquisition Corp. (MFAC) Extends Transaction Deadline

Megalith Financial Acquisition Corp. (NYSE:MFAC) announced in an 8-K filing that its shareholders have voted to extend the SPAC’s transaction deadline from November 30 to March 1, 2021. Importantly, 542,890 shares were redeemed in connection with vote, removing about $5,635,198.20 from Megalith’s trust at an estimated rate of $10.38 per share. It has $27,541,620.24 remaining
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