MIAMI, FL, July 14, 2022 (GLOBE NEWSWIRE) — Clover Leaf Capital Corp. (NASDAQ: CLOEU) (the “Company”) announced today that its sponsor, Yntegra Capital Investments, LLC (the “Sponsor”), has requested that the Company extend the date by which the Company has to consummate a business combination from July 22, 2022 to October 22, 2022 (the “Extension”). The Extension is the first of three three-month extensions permitted under the Company’s governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to cause an aggregate of $1,383,123 (representing $0.10 per public share) to be deposited into the Company’s trust account on or before July 22, 2022. The Extension provides the Company with additional time to complete its initial business combination.
About Clover Leaf Capital Corp.
Clover Leaf Capital Corp. is an incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the…
