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extended its deadline to complete a business combination to January 1, 2027, after depositing $450,000 into its trust account on September 30, 2026.
The payment, which secures the third three-month extension period, was loaned by Isdera HK Limited, an affiliate of Isdera Group Limited, the target company in the pending merger.
The extension moves the original October 1, 2026, deadline forward by three months.
The company stated that the $450,000 deposit was made pursuant to its Second Amended and Restated Memorandum and Articles of Association and the Investment Management Trust Agreement.
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