Black Hawk Acquisition Corporation Amends Definitive Proxy Statement to Clarify Trust Amendment Proposal

Friday, Jun 20, 2025 3:56 pm ET1min read

Black Hawk Acquisition Corporation has amended its definitive proxy statement to change the language of the Trust Amendment Proposal, removing the words "up to $55,000 per one-month extension". The revised proposal now states that the company will deposit $0.033 multiplied by the number of outstanding shares sold in the initial public offering for each one-month extension of the deadline to consummate an initial business combination. The change aims to eliminate the company's discretion to deposit a lesser amount and provide greater clarity and consistency regarding the extension fee obligation.

Black Hawk Acquisition Corporation Amends Definitive Proxy Statement to Clarify Trust Amendment Proposal

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