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1.7415263131375E-16 1.7415263131375E-16 1.7415263131375E-16 1.7415263131375E-16 1.7415263131375E-16 1.7415263131375E-16 0.00196078431372562 0.00294117647058835
Stock impact report

Greenland Acquisition Corporation to Extend Deadline to Consummate Business Combination

Global Lights Acquisition Corp (GLAC) 
Company Research Source: PR Newswire
BEIJING, July 24, 2019 /PRNewswire/ -- Greenland Acquisition Corporation (the "Company" or "Greenland") (NASDAQ: "GLAC") today announced that the Company's sponsor, Greenland Asset Management Corporation (the "Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $440,000, representing $0.10 per public share of the Company, in order to extend the period of time the Company has to consummate a business combination by three months to October 25, 2019.The Sponsor will have the option, but no obligation, to extend such period of time an additional two times, each by an additional three months, up to April 27, 2020, by depositing an aggregate of an additional $880,000 into the Trust Account, representing an additional $0.20 per public share, in connection with such additional extensions.About GreenlandGreenland Acquisition Corporation is a blank check company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction an Show less Read more
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