Moringa Acquisition Corp. (MACA) Adjourns Extension Vote

proxy vote

Moringa Acquisition Corp. (MACA) Adjourns Extension Vote

Moringa Acquisition Corp. (Nasdaq: MACA) announced that today’s special meeting was convened and then adjourned, without conducting any business, to recommence on Thursday, February 9.

The SPAC is currently facing a deadline of February 19, but is looking to extend its timeline by an additional six months to August 19.

Moringa announced the pricing of its $100 million IPO in February 2021 and set out to combine with an Israel-based tech business. In June 2022, it announced a $520 million combination with travel booking platform Holisto.

Rishon Le’Zion, Israel-based Holisto provides AI and machine-learning tools to connect travelers with accommodation and other travel options more efficiently through existing booking platforms.