First Light Acquisition Group, Inc. Announces Approval of Extension Amendment to Certificate of Incorporation
September 16 2022 - 11:28AM
First Light Acquisition Group, Inc. (NYSE: FLAG) (“FLAG”) today
announced that its stockholders approved an extension of the date
by which it has to consummate a business combination, allowing the
Company to extend such date to December 14, 2022 and providing the
Company’s board of directors to extend for three additional times
for three months each time, subject to the payment of by FLAG’s
sponsor of 1% of the amount on deposit in FLAG’s trust account for
each extension (unless FLAG has filed a registration statement in
connection with an initial business combination, in which case no
extension fee would be required for such period). Accordingly,
FLAG’s Trust Account has been funded with a payment of $412,802 for
the extension period. FLAG’s CEO, Bill Weber, further announced Tom
Vecchiolla, currently a Board Director and an Operating Partner as
co-CEO, “I am pleased to have Tom work side by side with me as
co-CEO,” states Weber. “This is an exciting time for FLAG as we
work diligently toward a business combination and the successful
entry of a new company into the public market,” said Vecchiolla.
For more information, please contact:FLAG Investor
RelationsIR@firstlightacquisition.com(202) 503-9255
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