NEW YORK, April 21, 2017 /PRNewswire/
-- Barington/Hilco Acquisition Corp. (NASDAQ: BHAC), a blank
check acquisition company (the "Company"), announced today that it
has funded an additional 30-day extension of the date by which it
must complete a business combination. The Company has
deposited $84,546.73 into its trust
account to fund the extension through May
11, 2017.
On February 10, 2017, the
Company's stockholders approved an extension of the date by which
the Company must complete a business combination for an aggregate
of six months, to be implemented and funded by the Company in
30-day increments. The full six-month extension allows the
Company until August 11, 2017 to
complete a business combination. The Company's extension
through May 11, 2017 marks the third
of six possible 30-day extensions.
About Barington/Hilco Acquisition Corp.
Barington/Hilco Acquisition Corp. is a blank check company
formed for the purpose of entering into a merger, share exchange,
asset acquisition, stock purchase, recapitalization, reorganization
or other similar business combination.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include
statements concerning the potential business combination. These
statements are based on the Company's management's current
expectations and beliefs, as well as a number of assumptions
concerning future events.
Such forward-looking statements are subject to known and unknown
risks, uncertainties, assumptions and other important factors, many
of which are outside of the Company's control that could cause
actual results to differ materially from the results discussed in
the forward-looking statements. Additional factors that could cause
actual results to differ materially from those expressed or implied
in forward-looking statements can be found in the Company's most
recent annual report on Form 10-K and subsequently filed quarterly
reports on Form 10-Q and current reports on Form 8-K, which are
available, free of charge, at the SEC's website at www.sec.gov.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/baringtonhilco-acquisition-corp-funds-30-day-extension-of-date-to-consummate-business-combination-300443766.html
SOURCE Barington/Hilco Acquisition Corp.