Invest Acquisition Corp Extends SPAC Deadline to Dec 17, 2029

What Happened
Invest Acquisition Corp reported that on September 24, 2026 shareholders approved an amendment to its Second Amended and Restated Memorandum and Articles of Association to extend the date to complete a business combination from December 17, 2027 to December 17, 2029. The amendment replaces Article 49.5 of the charter and the full text of the Charter Amendment is filed as Exhibit 3.1 to the 8‑K filed September 30, 2026.

Key Details

• Shareholder vote: 10,625,000 votes in favor, representing approximately 99.76% of outstanding ordinary shares; no votes against.
• Shares outstanding (record date Sep 4, 2026): 10,650,520 ordinary shares (10,650,519 Class A; 1 Class B). 10,625,000 shares were represented at the meeting (quorum).
• Redemptions: Holders of 1,801,349 Class A ordinary shares elected to redeem by the Sept 22, 2026 deadline at approximately $12.34 per share, for aggregate redemption payments of about $22.2 million, funded from the company’s trust account.
• Corporate details unchanged: company name and trading symbols/CUSIPs for Class A shares, warrants and rights remain the same.

Why It Matters
The extension gives the company an additional two years (until Dec 17, 2029) to complete a merger, acquisition or other business combination, increasing the time available to find and close a target. However, the redemptions reduced the cash in the trust account by roughly $22.2 million, which lowers the trust assets available to fund a transaction. Investors should note the charter amendment is filed with the 8‑K and that the company’s publicly traded securities continue under the same symbols.