canthelpit
11 horas hace
GTCH I highly doubt the 25 mil dump is related to nexus ,,, that would be a meare 50k monthly for a large realestate deal ?? ,,,, now if you said it was for the sponsor of bannix ((((Instant Fame LLC (the “Sponsor”) who is trade marked by DANNY RITTMAN, I might agree,,,,,
Read as follows
:WILMINGTON, Del., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Bannix Acquisition Corp. (“Bannix”) announced today that its board of directors (the “Board”) has decided to extend the date by which Bannix must consummate an initial business combination (the “Deadline Date”) from December 14, 2024 for an additional month, to January 14, 2025.
As previously disclosed, at an annual meeting of its stockholders held on September 6, 2024, Bannix’ stockholders voted in favor of a proposal to amend Bannix’s Amended and Restated Certificate of Incorporation (as amended, the “Amended Charter”) to provide Bannix with the right to extend the Deadline Date up to six times for an additional one month each time (the “Extension”) until March 14, 2025.
Also as previously announced, if an Extension is implemented, the sponsor of Bannix, Instant Fame LLC (the “Sponsor”), or its designees will deposit into the trust account, as a loan, the lesser of (x) $25,000 and (y) $0.05 for each share that is not redeemed in connection with the special meeting.
On December 13, 2024, the Board, at the request of the Sponsor, decided to implement the twenty-two Extension and to extend the Deadline Date for an additional month to January 14, 2025.
canthelpit
19 horas hace
GTCH BUCKS ,,, Some info on the deal ,,, as per spaccalendar... 95% complete deadline 3/14/25 Found this under """www.listingtrack.io/spacs/calendar""""SPAC Target (Pre-Merger Name)
Visionwave (GBT Technologies subsidiary) Merger Partner Desc.
Visionwave is partially owned by GBT. This technology platform, backed by a portfolio of patents, leverages the power of radio waves and machine learning to create a new frontier in computer vision.VisionWave has promise to revolutionize imaging and detection, particularly in military/combat and geological survey applications.
Merger Partner Region
Europe
HQ
England, UK
Industry
Defense Technology, AI Analytics
canthelpit
2 días hace
GTCH BUCKS There is no new 8k today stating other wise ,,, cut off date is march 14 ,, they used all their extensions ,,,, hope they get this deal with GBT / VISIONWAVE / BANNIX finaly done GLTA
canthelpit
2 días hace
GTCH Pulled this up , back in DECEMBER BANNIX extended buisness combination as follows :::::On December 16, 2024, the Wilmington-based company announced that its board of directors has decided to extend the deadline for finalizing its initial business combination by an additional month, moving the deadline from December 14, 2024, to January 14, 2025. Any chance it happens tomorrow ? LOL GLTA
canthelpit
2 días hace
BUCKS ,, The turning point for this is when we see the .00025 - .0003 ,, It will let loose on the shares and volume will be huge ,, Till that happens we are cought in their game and they will continue to let the 25 mily shares on a daily out .. just my opinion ? I was just looking up from 2021 where they applied and received the grant to do buisness with the government (military) but can't find any updates of course and can't find any info on the patent continuation for semiconductors that covers korea ,, from my post Sunday, April 30, 2023 11:16:42 post #16211 GLTA
bucks2pennies
2 días hace
I agree Porch. For my 2-cents, I would prefer if they, in fact, went on their own. For SHs, that would entail waiting even longer AND the risk that dilution would continue while the fear of another R/S is real ... yet the rewards, over time would be more favorable. IMO of course. A high risk of collapse remains but, in truth, I never thought it would be less until the GTCH business plan's tires hit the pavement.
canthelpit
5 días hace
I belive in one of the filings by march for the BANNIX deal ,,, They have pushed their luck with the time line to form a company and should have already disolved from the guid lines I read,,,, Might be some big changes with leadership change on the 20th of this month when ginsler steps aside ,,, just a thought ? GLTA