AltEnergy Acquisition Corp. (AEAE) Postpones Extension Vote

AltEnergy Acquisition Corp. (Nasdaq: AEAE) announced this afternoon that it has postponed its April 27 special meeting to 12 pm ET on April 28.

At the special meeting, stockholders will be asked to vote on a proposal to extend the SPAC’s completion date from May 2, 2023, to May 2, 2024.

AltEnergy announced the pricing of its $200 million IPO in October 2021 and originally had 18 months on its clock to complete a deal. Although the SPAC is still searching for a target to combine with, it intends to focus on businesses that are involved in renewable energy or related clean technology, specifically renewables transformation, electrification, and decarbonization.  The company is led by CEO and Chairman Russell Stidolph, CFO Jonathan Darnell, and COO Arul Gupta.