Irish-backed $400m Spac holds crunch vote on deal deadline

Investors are due to decide this evening (Wednesday) if they’ll give Irish-backed investment vehicle North Atlantic Acquisition Corporation an extra six months to complete a deal with $400m (€369m) of cash it raised two years ago.

ven if it secures the approval from shareholders, North Atlantic Acquisition Corporation (NAAC) will face an unenviable challenge in sealing a transaction within the narrow window, given the complexities associated with dealmaking.

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