TKB Critical Technologies 1 (USCT) Postpones Extension Vote

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TKB Critical Technologies 1 (USCT) Postpones Extension Vote

TKB Critical Technologies 1 (NASDAQ:USCT) announced that it has postponed its extension vote to Friday, January 27 at 4:00 p.m. ET.

The special meeting, originally scheduled for yesterday, is being held to vote on an amendment to extend TKB’s completion deadline from January 29 to June 29.

The SPAC recently entered into a definitive agreement to combine with vehicle data tracker Wejo (NASDAQ:WEJO) on January 10. As you may recall, Wejo already completed a SPAC transaction with Virtuoso Acquisition Corp. in November 2021, marking the target company’s 2nd SPAC deal.

Manchester, UK-based Wejo has developed a data analysis suite based on tracking connected cars for a wide array of clients seeking predictive intelligence of vehicle ownership, traffic flows and more.