The SPAC likely hopes to use this additional time to flip votes and redemption decisions after recently announcing its combination with Turkish air freight hauler MNG Airlines.
Golden Falcon IPO’d in December 2020 and originally had 24 months on its timeline to complete its transaction with its deadline now coming up on December 22. Shareholders are also to vote on proposals to re-elect two Board members and approve its selection of Marcum as auditor.
The parties originally announced their $676 million deal on December 7. Istanbul-based MNG Airlines operates air freight services to four continents with a fleet of nine jets.